Hyprop is Africa’s leading specialist retail property fund with a niche focus on high quality shopping centres. The fund currently has R20-billion in assets under management. The property portfolio includes 12 prime shopping centres over 809 700 m² of lettable area, classified as regional, large-regional, super regional and lifestyle. The centres are located in Gauteng, Western Cape and KwaZulu-Natal.
Hyprop has consistently ranked as a top performer with ongoing year-on-year growth in
returns, ahead of local and international industry averages. Over the past 21 years the fund has delivered an average of 10.5 percent growth in distributions per annum and since 2004 an average of 17.1 percent distribution growth per annum.The unit price has grown on average 13 percent over the past 21 years and 27 percent since 2004.
During the global financial crisis, shopping centres have emerged as the most defensive real estate asset class. Hyprop continues to offer investors direct access to ownership of high quality shopping centres in South Africa, through a transparent investment vehicle geared towards ongoing income and capital growth.
Based in South Africa and focused exclusively on domestic shopping centres, Hyprop has the advantage of operating in a sophisticated and stable financial environment on a par with the strongest emerging economies.
|Rosebank||Pieter@hyprop.co.za||+27 11 447 0090||http://www.hyprop.co.za|