2019 Integrated annual report

and consolidated and separate financial statements

Stakeholder engagement

Stakeholder engagement
TENANTS
Key topics
  • Attracting shoppers
  • Increasing footcount
  • Improving the quality and sustainability of shopping centres
  • Reducing the cost of occupancy
    Engagements
  • Marketing projects and events
  • Optimise tenant mix
  • R136 million spent on refurbishments, new equipment and sustainable technology
SHOPPERS
Key topics
  • Varied tenant mix
  • Enhancing shopping experience
  • Safe shopping environment
  • Meaningful and authentic shopping experiences
    Engagements
  • Shopper surveys
  • Monitoring and adapting to global retail trends
  • Creating spaces where families can spend quality time
  • Hosting different events to attract shoppers with varied interests
  • Multiple social touchpoints throughout the portfolio
EMPLOYEES
Key topics
  • Training and development
  • Fair remuneration practices
  • Human resource relations
  • Transformation
    Engagements
  • Introduced Coffee@Hyprop, a group-wide engagement platform
  • Training programmes to support career goals and transformation targets
  • Performance-based remuneration structure
  • Employee surveys
  • Wellness days
INVESTORS
Key topics
  • Growth in distributable income
  • LTV and funding structures
  • Credit rating downgrade
  • Sub-Saharan Africa
  • Governance
    Engagements
  • Transparent, accurate, meaningful and timely information
  • Investor perception poll
  • One-on-one meetings
  • Annual and interim results presentations
  • Pre-close presentations
  • Site visits
SUPPLIERS
Key topics
  • Sustainable partnerships
    Engagements
  • Fair business practices and tender processes
  • Efficient contract management
  • Moving towards improved BEE procurement profile and supporting enterprise development initiatives
REGULATORS
Key topics
  • Compliance with regulations
    Engagements
  • Submission of all applicable statutory reports
  • Compliance with all relevant acts and regulations
  • Participation in professional bodies and industry organisations
COMMUNITIES
Key topics
  • Hyprop Foundation
  • Carbon footprint
  • Alternative energy
  • Resource conservation
    Engagements
  • Regular foundation events and fundraising activities
  • Education and community upliftment-focused projects