THE indefinite closure of Rosebank’s Sunday market since April has left the market’s almost 400 businesses "bleeding".

Shopping centre fund, Hyprop, recently kicked off the redevelopment and extension of Rosebank Mall (formerly The Mall of Rosebank), which is set to considerably boost the Rosebank node and provide shoppers with a refreshed and modernised retail facility

In a busy period Hyprop advanced its strategy of growing its asset base with the approval of the Rosebank Mall redevelopment and by expansion into Africa through an investment in Atterbury Africa

Multiple auction offers numerous opportunities including industrial and office investments.

Nedbank Corporate Property Finance has approved finance to the value of R3.8 billion, creating the financial foundation for Hyprop Investments Limited to acquire 100% of Attfund Retail Limited

The reappointed CEO of JSE-listed Hyprop, Pieter Prinsloo, has been asked to steer a mamoth R20bn retail-focused property fund.

Despite tough trading conditions, retail-focused Hyprop Investments beat market expectations by declaring a distribution of 357c per unit for the year to December, an 8% increase on the prior year.

The South African property sector presents companies like Redefine with a scenario that is extremely favourable for yield enahncing deals

When Old Mutual Property Investments put Nedbank Gardens office building in Rosebank, Johannesburg, up for sale, it was first offered about R95m.

Listed property loan stock heavyweight Hyprop Investments was the best performer of listed property groups in terms of returns to investors last month, says the latest overview by Catalyst Securities.