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Hyprop Investments Limited
Integrated annual report 2016
OUTCOMES
VALUE CREATION
Short, medium and long-term sustainable value creation from business activities
Value created is shared by investors and other stakeholders
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Increase in NAV of 6,1%
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Loan to value of 30,8%
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Distribution growth up by 14,2%
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Proceeds of disposals used to reduce debt
Shareholders
Value is shared through dividend payments
and growth in the Hyprop share price
Suppliers
Our value chain supports job creation
Employees
Development, reward and long-term incentives
to retain a skilled and motivated workforce
Tenants
The quality of our malls and superior tenant
mix attracts customers, creating value
for tenants
Communities
Communities benefit from the numerous
socio-economic development projects
managed through the Hyprop Foundation
annually
Hyprop malls attract a range of retailers,
contributing to job creation for communities in
and around our shopping malls
•
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Further expansion into sub-Saharan Africa – acquisition of Ikeja City Mall (Nigeria) and
development of Achimota Mall (Ghana)
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Acquisition of Delta City malls in Belgrade (Serbia) and Podgorica (Montenegro)
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Occupancy rate improved to 98,9%
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Arrears at 0,5% of rent roll
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Investment property (SA) improved cost-to-income ratio of 33,2% from 33,6%
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Continuity and synergy
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Effective controls and processes supporting transparent disclosure
Refer to page 30 – 31
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Improvements made to an already small environmental footprint
Refer to page 59 – 62
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Strategic risk management and investment strategy to protect and grow the business
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Training targets exceeded
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Key skills retention
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Skills development
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Diversity
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Succession planning
Refer to page 63 – 66
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Opportunity to give back to stakeholders and community