Strategy

Hyprop's focus remains on investing in high-quality shopping centres, particularly centres that dominate their markets in primary cities.

Each shopping centre is distinguished by: Quality, size, dominance and location, catering for middle to higher-income consumers Mix of flagship national and international retail tenants Being the preferred shopping destination in high-density, metropolitan areas.

The three key business drivers are: Investing in South Africa and in Central and South-Eastern Europe Dominant, quality shopping centres in major metropolitan areas Asset management opportunities in our portfolio of 21 shopping centres across nine countries.

We aim to continuously optimise the quality of our existing portfolio through redevelopments and extensions. Redevelopments include extensive refurbishments to modernise shopping centres to meet evolving shopper and retailer needs. Extensions include tenant-driven enlargements of existing stores or the entry of new stores.

We target organic growth by enhancing the tenant mix and redeveloping existing shopping centres. We support this with a focus on appropriate rental levels and escalations, and control of tenant arrears and property expenses. Hyprop proactively identifies new retail and lifestyle trends to direct our growth potential and ensure that we retain and grow our loyal customer base across the portfolio.