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Hyprop focuses on opportunities in SA and Eastern Europe

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Impact of Covid-19 pandemic on Hyprop is diminishing

Impact of Covid-19 pandemic on Hyprop is diminishing
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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 – the owner of Rosebank Mall and Canal Walk Shopping Centre – 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 group’s latest interim results, released on Monday, show that its ‘look through’ LTV has been reduced from 41.4% as at June 2020 to 38.8% by the end of December.

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