Hyprop expects to get R4bn from Africa sales as it tackles debt
Hyprop’s shares have lost about a fifth of their value since Moody’s downgraded it in February because of its debt structure
28 June 2019 - 11:44
UPDATED 01 July 2019 - 05:05
Hyprop Investments, the owner of Rosebank Mall, Hyde Park Corner and Canal Walk, says it could fetch R4bn by selling its investments in the rest of Africa as it looks to settle its dollar-denominated debt.