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<p>Hyprop has reported a 65 per cent drop in headline earnings per share year-on-year, for the six months ended December.</p>


COVID-19: Hyprop sees 65% decline in headline earnings

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<p>Hyprop has reported a R4 billion reduction in the value of its property portfolio. The group’s full year results reflect the headwinds seen by most of the property sector. The company – which owns Rosebank Mall and Hyde Park Corner, amongst others – says that rental rates remain under pressure. Hyprop CEO, Morné Wilken joins CNBC Africa for more.</p>


Hyprop sees R4bn reduction in property portfolio amid COVID-19 challenges

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Mall owner Hyprop continues to reduce its exposure to embattled retailer Edcon, whilst it’s drastically reduced its dividend for its interim period to 308.7 cents per share. Hyprop CEO, Morné Wilken joins CNBC Africa for more.</p>


Hyprop warns of the impact of COVID-19

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<p>Edgar Mafoko, Portfolio Manager at FNB Wealth and Investments explains his reasons for selecting Hyprop, South Africa&#8217;s largest listed specialised shopping centre Real Estate Investment Trust, as his Hot Stock.</p>


Why this analyst is picking Hyprop as his Hot Stock

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<p>Despite heated property markets fuelled by liquidity and owners and developers eager to dispose of over-rented properties at prices that are high by historical standards Mas believes its distribution growth target of 15 per cent for the 2019 financial year is appropriate. This exceeds both Growthpoint and Hyprop’s forecast. Joining CNBC Africa to discuss the investment case for a property group whose focus is on acquiring retail, office, industrial, logistics and hotel assets in western, central and eastern Europe is MAS CEO, Morné Wilken.</p>


Hyprop

COVID-19: Hyprop sees 65% decline in headline earnings

Hyprop sees R4bn reduction in property portfolio amid COVID-19 challenges

Hyprop warns of the impact of COVID-19

Why this analyst is picking Hyprop as his Hot Stock

MAS Real Estate targets 15% distribution growth in 2019

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Hyprop

COVID-19: Hyprop sees 65% decline in headline earnings

Hyprop sees R4bn reduction in property portfolio amid COVID-19 challenges

Hyprop warns of the impact of COVID-19

Why this analyst is picking Hyprop as his Hot Stock

MAS Real Estate targets 15% distribution growth in 2019

News Tips

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