5 / 156
Operational activity
Social responsibility
Occupancy levels remain high at
98%
across the portfolio (2014: 97,6%)
Property costs controlled with
cost-to-income ratio reduced to
33,6%
(2014: 34,4%)
Redeveloped Rosebank Mall opened
in October 2014 and immediately
contributed to growth in distributions
Extension to Woolworths store in
Canal Walk completed in June 2015
Tenant mix improved at Hyde Park
Corner’s Cortina Court, hosting
high-end brands including Versace,
Longchamp and Armani
Hyprop Foundation Funded
R380 000
with a further contribution of R100 000 from Hyprop and
stakeholder contribution of R350 000 towards the Stop Hunger Now SA feeding
scheme, ensuring 2 088 learners were fed three times a day for a year
The 14 624m
2
Achimota Centre in Ghana
opened in October 2015
Clearwater Mall’s R37 million upgrade and
extension, housing leading global fashion
brands H&M, River Island and Top Shop, will
open in April 2016
Somerset Mall’s Woolworths store upgrade
opened in October 2015
Read more on page 52
Sub-Saharan Africa
Investments in sub-Saharan Africa
(excluding South Africa) of
R2,3 billion
Upgrades and extensions
3
Hyprop Investments Limited
Integrated Report 2015