Hyprop announces death of nonexecutive director Les Weil
Hyprop announces the passing away of property doyen, Mr Les Weil.
Acucap and Sycom merger make commercial sense
THE potential merger of Acucap Properties and Sycom Property Fund, the portfolio of which is managed by Acucap, "makes commercial sense".
Still no home for the Rosebank market
THE indefinite closure of Rosebank’s Sunday market since April has left the market’s almost 400 businesses "bleeding".
Redefine Properties intends to quit Hyprop entirely
Redefine Properties CEO Marc Wainer retires from the board of Hyprop Investments.
Hyprop changes year-end date to facilitate REIT structure
In order to facilitate Hyprop's conversion to a Real Estate Investment Trust (REIT), Hyprop's financial year-end will change from 31 December to 30 June, effective 30 June 2013.
Hyprop reduces funding costs with restructured debt
Hyprop announced a favourable restructuring of its debt facilities, with the conversion of R648 million in conventional bank loans into debt capital market (“DCM”) funding.
Hyprop Investments to raise R1bn in bonds
Hyprop Investments, a shopping mall owner with clients including Body Shop and Timberland, wants to raise almost R1bn in bonds to reduce its debt-servicing costs.
Hyprop exits Sycom through share swap
Hyprop exits Sycom with R2.3b acquisition of Somerset Mall
Leading JSE shopping centre fund, Hyprop today announced its R2,3 billion acquisition of Somerset Mall from Sycom Property Fund ("Sycom"), in line with strategy to invest in sizeable quality shopping centres.
Hyprop’s Distribution growth continues
Leading JSE shopping centre fund, Hyprop, reported distributions up 6,8% to 409 cents a unit for the year to December 2012
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