Hyprop Investments Limited Integrated annual report 2017

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Hyprop Investments Limited
Integrated annual report and consolidated financial statements 2017
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2012
■■Rosebank Gardens site
(formerly Nedbank Gardens)
imploded to begin
redeveloping Rosebank Mall
■■Disposal of 50% share in
Southcoast Mall to Rede ne
Properties
■■Disposed of Southern Sun
Hyde Park Corner Hotel
to Tsogo Sun
■■Moody’s Investor Services
rated Hyprop a national
scale long-term issuer
and short-term rating of
Prim
■■Co-invested in Mauritius-
based Atterbury Africa,
focused on investing in
high-quality shopping
centres in sub-Saharan Africa
2014
■■Approved as a REIT by JSE
from 1 July 2013
■■Acquired Somerset Mall in
exchange for Sycom units
■■Acquired 87% of African
Land, gaining exposure to
Manda Hill in Lusaka, Zambia
2015
■■West Hills Mall in Accra,
Ghana, opened in November
■■Redevelopment of Rosebank
Mall completed in
September 2014
■■Included on JSE SRI Index
■■Converted combined-unit
capital structure to all-share
structure
■■Hyprop added to MSCI
Emerging Market Index,
further increasing liquidity
of shares
■■Disposed of CapeGate
Lifestyle, CapeGate Value
Centre and Stoneridge
Centre
2016
■■Acquired Ikeja City Mall
in Nigeria
■■Acquired Delta City malls
in Serbia and Montenegro
■■Included on the FTSE/JSE
Responsible Investment
Index
2017
■■Acquired Skopje City Mall in
Macedonia
■■Disposed of Somerset Value Mart,
Willowbridge, Glenwood and
Glenfield office parks
■■Kumasi City Mall opened in Ghana
■■Agreement to acquire The Mall in
Sofia, Bulgaria