HYPROP INVESTMENTS LIMITED - Update in respect of the disposal of the Sub-saharan Africa portfolio
Update in respect of the disposal of the Sub-saharan Africa portfolio
HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
("Hyprop" or the "Company")
UPDATE IN RESPECT OF THE DISPOSAL OF THE SUB-SAHARAN AFRICA PORTFOLIO
Shareholders are referred to the announcement released on SENS on 12 August 2024, wherein the Company
advised that it had concluded agreements with Lango Real Estate Limited in respect of the disposal of Hyprop's
interests in Ikeja City Mall in Nigeria ("Gruppo Disposal") and Accra Mall, Kumasi City Mall and West Hills
Mall in Ghana ("AttAfrica Disposal").
Hyprop is pleased to announce that the AttAfrica Disposal has been successfully implemented.
In respect of the Gruppo Disposal, the Company is in the process of fulfilling the remaining conditions precedent,
and a further announcement will be published in due course.
23 September 2024
Sponsor
Java Capital
Date: 23-09-2024 09:00:00
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