Following a robust operational performance for the financial year ended June 30 and with a strong financial position, real estate investment trust (Reit) Hyprop is looking for further growth opportunities.
The company says it has refined its strategic priorities to capitalise on market opportunities and deliver sustainable growth.
It has set four priorities for the 2027 financial year and beyond. These are to ensure its retail offering is connected to marketplaces and communities; to be diversified in assets and geographical focus areas; to ensure it has the right fit of business capabilities and skills; and to maintain a healthy balance sheet.
“With our strong balance sheet, robust liquidity, a clear record of value creation and dominant assets and resilient tenant and shopper bases, Hyprop is poised to seize the right new and organic growth opportunities both in South Africa and Eastern Europe and deliver sustainable risk-adjusted returns.
“We are focused on continuing to improve our portfolio’s performance and I believe Hyprop continues to offer an attractive investment proposition,” CEO Morné Wilken comments in a statement.
