Search
Enter your search term
*Limited to most recent 250 articles
Use advanced search to set an earlier date range
Where?
With?
When?
Sponsored by   
Saving articles
Articles can be saved for quick future reference. This is a subscriber benefit. If you are already a subscriber, please log in to save this article. If you are not a subscriber, click on the View Subscription Options button to subscribe.
Article Saved
Login
Contact us at subscriptions@creamermedia.co.za
Forgot Password
Please enter the email address that you used to subscribe on Engineering News. Your password will be sent to this address.
Content Restricted
This content is only available to subscribers
REAL ECONOMY NEWS
sponsored by  
Article Enquiry
Hyprop acquires Table Bay Mall
Email This Article
separate emails by commas, maximum limit of 4 addresses
Sponsored by   
Hyprop acquires Table Bay Mall
As a magazine-and-online subscriber to Creamer Media’s Engineering News & Mining Weekly, you are entitled to one free research report of your choice. You would have received a promotional code at the time of your subscription. Have this code ready and click here. At the time of check-out, please enter your promotional code to download your free report.

Email subscriptions@creamermedia.co.za if you have forgotten your promotional code.

If you have previously accessed your free report, you can purchase additional Research Reports by clicking on the “Buy Report” button on this page.

The most cost-effective way to access all our Research Reports is by subscribing to Creamer Media’s Research Channel Africa – you can upgrade your subscription now at this link.
The most cost-effective way to access all our Research Reports is by subscribing to Creamer Media’s Research Channel Africa – you can upgrade your subscription now at this link.

For a full list of Research Channel Africa benefits, click here
If you are not a subscriber, you can either buy the individual research report by clicking on the ‘Buy Report’ button, or you can subscribe and, not only gain access to your one free report, but also enjoy all other subscriber benefits, including 1) an electronic archive of back issues of the weekly news magazine; 2) access to an industrial and mining projects browser; 3) access to a database of published articles; and 4) the ability to save articles for future reference.

At the time of your subscription, Creamer Media’s subscriptions department will be in contact with you to ensure that you receive a copy of your preferred Research Report. The most cost-effective way to access all our Research Reports is by subscribing to Creamer Media’s Research Channel Africa – you can upgrade your subscription now at this link.
If you are a Creamer Media subscriber, click here to log in.
17th October 2023
By: Marleny Arnoldi
Deputy Editor Online
Font size: +
Retail-focused real estate investment trust Hyprop has announced it will acquire Table Bay Mall, in Cape Town, for R1.6-billion.
The company aims to increase its exposure to favourable geographies and thereby improve its portfolio trading performance.
The 64 142 m2 Table Bay Mall was developed in 2018 in Sunningdale, which is on Cape Town’s west coast. It is well positioned in a high-growth node underpinned by strong residential demand.
Anchor tenants of the single-level regional shopping centre include Checkers, Pick n Pay, Woolworths and other stores such as H&M, Virgin Active and the Department of Home Affairs.
Hyprop plans to incur additional costs to equip the mall with a solar plant, in line with its interrupted trading ethos as the country continues grappling with energy insecurity.
The company will fund the acquisition through new, and a portion of existing, undrawn borrowing facilities.
“The Table Bay Mall acquisition is a unique opportunity for us to obtain a premium retail property at a fair market value, at a relatively early stage of its life cycle.
“Through the support of our proven retail property management expertise, particularly our active asset management initiatives, including optimising the tenant mix, the centre has great potential to unlock further growth and contribute towards the group’s long-term value,” comments Hyprop CEO Morné Wilken.
Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Pepperl+Fuchs has been a pioneer in industrial sensor technology and explosion protection for over 70 years. The company offers a unique range of…
Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that…
Latest Multimedia
sponsored by
Press Office
Announcements
What’s On
Subscribe to improve your user experience…
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media’s Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media’s Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
MAGAZINE & ONLINE
R1500 (equivalent of R125 a month)
Receive weekly copy of Creamer Media’s Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)

Recieve daily email newsletters


Access to full search results

Access archive of magazine back copies

Access to Projects in Progress

Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
All benefits from Option 1

Access to Creamer Media’s Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:

Electricity

Water

Energy Transition

Hydrogen

Roads, Rail and Ports

Coal

Gold

Platinum

Battery Metals

etc.
CORPORATE PACKAGES
Discounted prices based on volume
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company

Multiple User names and Passwords for simultaneous log-ins


Intranet integration access to all in your organisation
Copyright © 2023

source