Hystead Limited
SA's Retail Sector is in trouble but Mall Owner managed to eke out growth
Although South Africa’s economic strife has dimmed prospects for a long-term revival in consumer spending, shopping centre owner, Hyprop Investments (JSE: HYP) is still managing to eke out growth. ... Full story
Hyprop grows its Eastern Europe footprint but faces pressure back home
Hyprop Investments (JSE:HYP), the owner of blue chip malls such as Johannesburg’s Rosebank Mall, Hyde Park Corner and Canal Walk in Cape Town, is actively expanding its Eastern European property business. ... Full story
Hyprop buys Skopje City Mall stake in a joint venture
Hyprop Investments (JSE:HYP) announced yesterday that it had acquired a 60% interest in Skopje City Mall Macedonia, purchased from Balfin Finance BV, Amsterdam in deal worth R1,3 billion (€92 million EUR ). ... Full story
Offshore Companies take the lead in SA’s Listed Property
The South African Listed Property sector is wading off many challenges including a weak economy, a volatile rand and tenant struggles. Much of the sector is now offshore which is providing support to investors returns. ... Full story