Hyprop Investments Limited
Integrated annual report and consolidated financial statements
Priorities for 2018
Seek further opportunities to improve the quality
of our South African portfolio through developments,
expansions and refurbishments
Reduce the reliance of Hystead on the Hyprop balance
sheet and plan for a potential listing
Completion of developments (SA)
Completion of non-core asset disposals.
Specialised investment focus on quality shopping centres
Robust balance sheet provides a strong platform to support
Sustainable income growth through contractual rental
Specialised and experienced internal management.
Hyprop converted to a REIT structure in July 2013. South Africa’s REIT investment structure is recognised globally and aligned with internationally
recognised best practice, making it attractive to local and international investors.
South African REITs are exempt from capital gains taxation and if a REIT pays out 100% of its distributable earnings as a dividend, it will not pay
corporate income tax.
Hyprop’s focus remains on investing in high-quality shopping centres, particularly centres that dominate their markets in primary cities.