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Hyprop Investments Limited
Integrated annual report and consolidated financial statements
2017
35
Strategic response/mitigation
Key performance
deliverable
Improve quality of service provider and security equipment
Improved crime statistics
at shopping malls
Better engagement between shopping centre employees, service provider, community and local police
Matching debt with income (USD)
Size of dividend (current
percentage of income)
Consider hedging exposure in terms of material dividends received
Hyprop shopping centres are well established, in dominant locations and attract flagship stores
Arrears, trading densities,
rent affordability
Strong lease agreements with financially sound tenants (most are reputable national companies with strong balance sheets
and proven business models)
Employ local, on-site management teams
Ability to deliver
development projects on
time and within budget
Implement optimal holding structures
Ability to conduct
day-to-day operational
activity
Investment still a small percentage of Hyprop’s total portfolio
USD yields
Reduce size of investment/elect not to invest at all
Initial yield on opening
Conduct studies to ensure adequate pre-let requirements are met before development
Hedge risks relating to exchange rates and interest rates
Share price performance
Arrears, trading densities,
rent affordability
Distribution growth