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What we do
Maintaining the relevance of Hyprop’s properties in line with global trends and customer needs |
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How we do it |
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Provide a range of retail, entertainment and related services to residents and workers within a mixed-use precinct |
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R132 million invested in mall upgrades and expansions in South Africa |
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Vacancies in SA portfolio reduced to 0,8% and <0,5% in EE portfolio |
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Disposal of non-core asset Lakefield office park |
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12 000m2 Hyper conversion at The Mall, Sofia |
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What we do
Disciplined management of debt and equity, recycling of capital |
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How we do it |
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Strong liquidity position and interest cover ratio |
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R8,5 billion of debt refinanced |
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Distributions paid from cash-backed earnings |
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Improved interaction with Moody’s to address their concerns |
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Roadshows/presentations to equity and bond investors |
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What we do
Maximising the group’s human and intellectual capital in a collaborative and results-orientated culture |
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How we do it |
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Stratco established to oversee all aspects of the group’s activities |
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Excos restructured with revised mandates |
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Execution, collaboration and creativity added to group’s values |
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Percentage of black senior management employees increased to 19% |
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Training spend increased by 84% |
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Number of black employees increased by 9% |
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Coffee@Hyprop forum established to improve internal communication |
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What we do
Sustainable investment returns, improve existing culture, understanding our shoppers in order to provide meaningful experiences |
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How we do it |
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Improved internal culture of collaboration |
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Shopper surveys to strengthen Hyprop’s and our tenants’ operations |
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Investor surveys to improve investor communications |
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Workshops with major tenants to address common challenges |
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Increased transparency of financial reporting |
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What we do
Monitoring our impact on the sustainability of the communities in which we operate |
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How we do it |
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81% of waste in SA portfolio recycled |
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11 184MWh of electricity saved during the year |
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4 588 tonnes of CO2 emissions avoided through to solar produced electricity |
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R12,3 million saved through energy efficiency projects |
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