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Hyprop Investments Limited
Integrated annual report and consolidated financial statements
2017
Hyprop is a leading specialist shopping centre Real Estate Investment Trust (REIT). We operate a portfolio of shopping centres in major metropolitan areas
across South Africa, sub-Saharan Africa and South-Eastern Europe.
Our strategy is to own high-quality shopping centres where assets can be acquired or developed at attractive yields. Hyprop shopping centres dominate
in terms of size, which attract new quality concept and flagship stores to make our centres the preferred locations for local and international brands.
Our company structure provides a sound foundation to execute group strategy, with capable and experienced teams and a hands-on approach to managing
our assets for ongoing income and capital growth.
The shopping centre portfolio in South Africa includes super-regional centre Canal Walk, large regional centres Clearwater Mall, The Glen Shopping Centre,
Woodlands Boulevard, CapeGate Shopping Centre, Somerset and Rosebank malls, and regional centre Hyde Park Corner.
The sub-Saharan Africa portfolio includes interests in Manda Hill in Lusaka, Zambia; Accra, Achimota and West Hills malls (all in Accra, Ghana); and Ikeja City
Mall in Lagos, Nigeria. Construction was completed at Kumasi City Mall in Kumasi, Ghana, in April 2017.
Hyprop expanded into South-Eastern Europe by acquiring a 60% interest in Delta City Podgorica (Montenegro), Delta City Belgrade (Serbia), Skopje City Mall
(Macedonia) and, post year-end, agreed to acquire a 60% interest in The Mall in Sofia (Bulgaria).
Investment
proposition
Our vision
Our goal is to be a leading specialist
shopping centre REIT, offering
shareholders access to income and
capital growth through a portfolio of
premium shopping centres.
Our mission
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Partner of choice for tenants,
shoppers, employees and investors
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Provide a trustworthy, transparent
and sustainable investment
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Promote social and environmental
sustainability
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Be a world-class REIT that adheres
to global best practice.
We value
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Sustainable business practices
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Good corporate citizenship
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Ethical and socially responsible
behaviour
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Our employees, who are critical
to our success.
About
Hyprop
Hyprop is synonymous with investment excellence. We offer investors direct access to high-quality shopping centres through a transparent and
sustainable investment vehicle, focused on long-term income and capital growth.
Hyprop is listed on Johannesburg’s stock exchange (JSE Limited) with a market capitalisation of R29 billion and is included in the JSE Top 100 index. Hyprop
shares are traded actively on the JSE with a 100% free float, making them a highly liquid, single-entry point for shareholders seeking exposure to a quality
South African and international shopping centre investment.