2020 Integrated Annual Report

and Consolidated & Separate
Financial Statements

Our communities


Hyprop believes in engaging the societies we operate in and contributing to sustainable projects within the communities that surround our properties.

Our corporate social investment (CSI) initiatives are channelled through The Hyprop Foundation. The foundation was established in 2013 and its long-term vision is to ignite a culture of participation by our people and stakeholders through sustainable initiatives that create value by focusing on five key areas:

Due to the nationwide Covid-19 lockdown in South Africa from 27 March 2020, the foundation's planned activities were heavily curtailed. This affected the spread of planned funding for the remaining three months of the financial year.

Prior to the lockdown, our malls and their teams embraced the foundation's culture of involvement and organised many initiatives, including direct funding of projects and allocating space (at no or minimal cost) within the malls for organisations to use for fund raising or enterprise development initiatives. Details of these projects are explained below.

 

HYPROP GROUP

School bursary initiative

 

HYPROP GROUP

South African National Blood Services

Hyprop continues to support education as a way to contribute towards a sustainable future for the children and relatives of our employees. We believe that investing in education yields the greatest return for our nation. Our school bursary project contributes towards the studies/tuition fees of all approved applications by Hyprop staff for school going children, from
pre-school to Grade 12, subject to the project's terms and conditions. All bursary contributions are paid directly to the student's learning institution.

131 bursaries for primary and secondary school education were paid for the 2020 school year (2019: 107).

 

Thousands of patients would die daily if not for the members of our communities who donate blood. When a person donates blood, they give a gift of life. A unit of blood can save up to three lives as blood is separated into red blood cells, plasma and platelets. SANBS aims to collect 3 000 units of blood per day to ensure a safe and sufficient blood supply in the health care system. Less than 1% of South Africans are active blood donors.

Space is provided at our malls to allow SANBS to set up blood donation stations and to communicate the importance and value of donating blood to our communities.

HYPROP GROUP

Mandela Day "Christmas in July"

 

ROSEBANK MALL

"I was shot in Joburg"

The Santa Shoebox Project originated in Cape Town in 2006 with a mere 180 shoeboxes being distributed. The project donors choose a name, age and gender of a child from a list provided by the organisation. The donor is then asked to fill and wrap a shoebox which is donated to a vulnerable child over the Christmas period. Each box contains a minimum of eight items including a toothbrush, toothpaste, soap, a washcloth, sweets, a toy, school supplies and an outfit of clothing - all new, unused and age-appropriate.

During 2019, Santa's Shoebox managed to reach 95700 vulnerable children.

An initiative was held with the Santa Shoebox Project to celebrate Nelson Mandela's legacy on Mandela Day. Hyprop employees, tenants, suppliers, shoppers and other stakeholders were invited to participate in 67-minute sessions to pack 3 000 virtual shoeboxes with toiletries, toys, stationery, clothing and sweets for underprivileged children throughout South Africa and Namibia.

 

"I was shot in Joburg" provides a platform for former street children and unemployed youth to learn skills and generate an income. To quote their website, "Awesome people take awesome pics and hand-make, awesome stuff and we get it to you in an awesome way".

Rosebank Mall continues to provide "I Was Shot in Joburg" with a platform to sell their products by providing them with retail space at no cost.

HYPROP GROUP

Thusanani Children’s Foundation

The Thusanani Children’s Foundation supports the health and development of vulnerable children living in children’s homes in Gauteng. The foundation provides therapy (occupational and speechlanguage) and specialised paediatric medical services to orphaned and abandoned babies and children from birth to six years old. The foundation’s mission is to “Reduce the effects of institutionalisation on orphaned and abandoned babies and children.” 

Hyprop supports Thusanani Children’s Foundation by way of a monthly donation.

     

HYPROP GROUP

Gift of the Givers

 

HYDE PARK CORNER

Rays of Hope

The Gift of the Givers Foundation is one of the largest disaster-response, non-governmental organisations in Africa. The foundation has a passion for hunger alleviation and distributes more than 100 000 food parcels annually, prepares and serves hot meals at their own centres and donates thousands of meals every day to existing feeding schemes.

With the onset of Covid-19, Canal Walk approached the Gift of the Givers Foundation to partner on a national in-centre food drive. Food collection points were made available outside the supermarkets in all Hyprop malls for the duration of the initiative. Non-perishable food items were collected and distributed by Gift of the Givers. Hyprop matched all community food donations.

 

For 29 years Rays of Hope, a non-profit company (NPC) and Public Benefit Organisation (PBO), has partnered with the community of Alexandra, on the border of Sandton. The organisation focuses on orphaned and vulnerable children, education and work readiness. Their aim is to move over 2 800 people in their seven programmes from vulnerability to independence.

Funds raised from the VIP parking bays at Hyde Park Corner are donated to Rays of Hope.

 

 

SKOPJE CITY MALL

Student eco tours

 

THE MALL, SOFIA

Champions for Children

Educational student eco tours have been designed for young people from schools surrounding the mall. The project is supported by three recycling companies Pakomak, Sunilens and Nula Otpad.

Pakomak is a non-profit company whose main activity is management of packaging waste. Sunilens provides wholesale, trading and distribution of refined sunflower and palm oils, bakery and confectionery margarines, specialty food ingredients and semi-finished food products. They have a system for collection, storage and treatment of used cooking oil. Nula Otpad is a non-profit organisation established in 2012 authorised to handle waste batteries and accumulators.

In conjunction with these organisations, an educational eco tour was organised aimed at educating and promoting:

  • Conservation, protection, renewal and improvement of the environment
  • Protection of the health of the community
  • Prevention of the negative impacts of waste on the environment and health of the community
  • Disposal of waste in an environmentally responsible manner

 

 

The Mall provides UNICEF with space within the shopping centre to raise funds for the Champions for Children campaign and to educate the community about the initiative. Champions for Children are prominent individuals from arts, music, academics, ICT, sports, community-based organisations or other fields who help raise awareness of children's rights.

CITY CENTER ONE WEST & CITY CENTER ONE EAST

5 Kuna for a better world

It is City Center One's tradition to include a special charity event in its annual birthday celebrations. In 2019 funds were raised for a homeless shelter in Zagreb in an initiative named "5 Kuna for a better world". Croatian celebrities, including almost 50 singers, actors, TV hosts, influencers, and sports figures donated their time and goodwill to help raise awareness and generate funds.

 

The Mall, SOFIA

Parent education

   

In co-operation with media house SSB and "the Child" magazine, The Mall runs an annual educational programme for parents. This takes the form of bi-monthly lectures and demonstrations from leading specialists such as neonatologists, paediatricians, obstetricians and psychologists. The "School for parents" helps current and expecting parents prepare themselves for the most important and exciting journey ahead of them and to feel confident in their role as parents in family life.

Themes covered during the programme include:

  • Adaptation of the family to the newborn
  • First aid for the newborn and the infant
  • Baby carrying
  • Psychological features of the pregnant woman
  • Life-threatening conditions for babies and where to seek emergency help