Hospitality Property Fund (HPF) losing its real estate investment trust (Reit) status and becoming an unlisted wholly owned subsidiary of Tsogo Sun Hotels ends years of frustration for shareholders.  

HPF may have experienced early success as a listed real estate company when it went public in 2006, but the six years or so of trading since it became a Reit have been disappointing.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now