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10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Hyprop raises dividend 9.9% as it explores further opportunities in Eastern Europe
The Mercury
|September 17, 2025
HYPROP, the South African retail-focused real estate investment trust (REIT), has announced a sturdy 9.9% increase in its dividend, buoyed by robust earnings growth from its portfolios in South Africa and Eastern Europe.
The dividend of 307.7 cents per share, announced for the financial year ending June 30, 2025, comes on the back of an impressive recovery that saw distributable income per share (DIPS) rise to 378.8 cents, exceeding initial guidance of a mere -1% to 2% growth.
CEO Morné Wilken expressed satisfaction with the financial performance during a recent telephone interview: “We were on track and in line with expectations. We are starting to see the benefits of the last few years of repositioning and improvements in our portfolio starting to bear fruit”
Notable shopping centres within their South African portfolio include the iconic Rosebank Mall, Table Bay Mall, Canal Walk, and Somerset Mall, each contributing to the company’s strong financial outcome.
यह कहानी The Mercury के September 17, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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