Hyprop Investments Limited

Hyprop is South Africa's largest listed specialised shopping centre Real Estate Investment Trust (R.E.I.T), and one of South Africa’s oldest listed property companies (1988). The company is internally managed and headquartered in Johannesburg. The property portfolio includes 12 prime shopping centres in South Africa and exposure to malls in sub-Saharan Africa through Atterbury Africa. Hyprop’s application for REIT status was approved by the JSE with effect from 1 July 2013. The introduction of REITs aligns the South African listed property sector with internationally traded real estate investments and facilitates the comparison to, and inclusion in, international indices. The REIT framework has the added advantage of providing tax certainty, with REITs exempt from capital gains tax on the disposal of fixed property and REIT securities Hyprop aspires to be a leading listed property fund in Africa, offering access to income and capital growth through a specialist portfolio of premium, high quality shopping centres in a transparent, sustainable investment vehicle.