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Latest News: Hyprop Investments Ltd. HYPROP [HYP]

Mon, 9 Feb 2026	Official Announcement [TZ]
Hyprop - disposal of share in Woodlands Boulevard Hyprop entered into agreements to sell a 50% undivided share in Woodlands Boulevard shopping centre for R790.5 million, with the purchase price escalating monthly. The sale involves six purchasers, each acquiring a one-sixth share, and is subject to a condition that the property’s security with Standard Bank is released. Hyprop will retain a 50% stake and will benefit from future upside as the surrounding residential area densifies. The company provided a rental guarantee capped at R10 million per year for two years post-transfer. The transaction aims to optimise Hyprop’s portfolio, unlock capital for new investments, and reduce exposure in Gauteng. The net asset value of the Rental Enterprise is R1.75 billion, with profits of R166 million.
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