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Latest Breaking News On - Atterbury value mart - Page 1 : comparemela.com
Hyprop focuses on opportunities in SA and Eastern Europe
Hopes to exit its sub-Saharan assets within the next two years.
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SA Property Market
The South African property market struggled through the COVID-19 pandemic, with virtually all sectors registering a decline in performance.
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South african real estate investment review
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Impact of Covid-19 pandemic on Hyprop is diminishing
Impact of Covid-19 pandemic on Hyprop is diminishing
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
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Hyprop cuts debt, brings look through LTV below 40%
MONEYWEB app instead? Balance sheet consolidation continues, as group defers interim dividend decision due to Covid-19 uncertainty. 12:08 Open: Morné Wilken, Hyprop s CEO is optimistic that the group s debt levels will be reduced further by the end of its financial year. Image: Supplied Hyprop Investments â the owner of Rosebank Mall and Canal Walk Shopping Centre â is making headway in lowering its gearing or loan-to-value (LTV) ratio after cutting its interest-bearing debt by R942 million during its half-year to December 31, 2020. The groupâs latest interim results, released on Monday, show that its âlook throughâ LTV has been reduced from 41.4% as at June 2020 to 38.8% by the end of December.
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Hyprop waivers dividend as liquidity crunch continues
Hyprop distributable earnings were slashed by 65% following rental concessions and reversions caused as a result of Covid-19.
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