Hyprop wants to grow exposure to Western Cape with Table Bay Mall deal
The owner of Rosebank Mall, Hyde Park Corner and Canal Walk has agreed to buy the shopping centre for R1.6bn
17 October 2023 - 14:08
Shopping centre owner Hyprop Investments, which owns popular shopping malls such as Rosebank Mall, Hyde Park Corner and Canal Walk, is set to expand its portfolio as it agreed to Table Bay Mall in Cape Town for R1.6bn.
The company, valued at about R10.6bn on the JSE, said on Tuesday that it agreed to take full ownership of the shopping mall from the Table Bay Mall Property Trust in a cash deal, subject to regulatory approval, as it looks to grow its exposure to the Western Cape...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.