Hyprop expects higher full-year tenant revenue in South Africa, Eastern Europe

Shopping centre-focused real estate investment trust Hyprop Investments continues to make progress on key priorities having been set for the 2024 financial year ending June 30, including operational improvements.

The company advises in a pre-close operational update issued on June 24 that in the five months ended May 31, the company started implementing its acquisition of Table Bay Mall, which increases the group’s exposure and footprint in the Western Cape.