Reporting healthy growth in returns, Hyprop Investments Limited today announced an interim dividend of 262.7 cents per share for the six months to December 2014, up 13.7% on December 2013.
Mr. Pieter G. Prinsloo, BSc(QS) is the Chief Executive Officer of Hyprop Investments Ltd.
Pieter previously held the position of CEO of Hyprop for seven years from 2002 to 2009. He was re-appointed to the position of CEO with effect from 1 May 2011. A quantity surveyor, he has been engaged in every aspect of property development, management and finance for over 23 years, having worked previously at Sanlam Properties, Standard Bank Properties and ABSA Commercial Property Finance.
He is a Quantity Surveyor engaged in every aspect of property development, management and finance for over 20 years having worked at Sanlam Properties, Standard Bank Properties and ABSA Commercial Property Finance. Mr. Prinsloo has been an Executive Director of Hyprop Investments Ltd since 2011.
Hyprop Investment Limited has been included for the first time on the JSE's SRI Index reflecting its commitment to environmental, social and governance practices.
The opening of Woolworths at Rosebank Mall marks the conclusion of Hyprop's R930 million redevelopment of the mall.
Trendy US youth fashion brand, Forever21, will open its first store on the African continent on Saturday 13 September 2014 in Hyprop's leading super-regional mall, Canal Walk.
Well-established property counters have posted strong annual results over the past few weeks.
The cost of renovating the Mall of Rosebank contributed to Hyprop Investment's profit falling in the year to June, but it raised its distribution 11.3% to R4.72.
Hyprop Investments Limited ("Hyprop")(JSE: HYP) today announced a distribution of 472 cents per combined unit for the year to June 2014 ("the year"), up 11,3% on FY 2013 and ahead of guidance previously provided by the company.
Property leaders, Hyprop Investments Limited ("Hyprop") and Attacq Limited ("Attacq") have restructured their investment in African Land Investments ("African Land"), whereby Hyprop, through its wholly-owned subsidiary, Hyprop Mauritius,willhold 50% in Manda Hill, African Land's only asset.

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