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Hyprop sells its share in SouthCoast Mall

Hyprop unitholders on Tuesday voted in favour of selling Hyprop's 50% undivided share in Southcoast Mall to Redefine Properties Limited.

The sale is in line with Hyprop's strategy to dispose of non-core assets while focusing on expansion and enhancement of existing shopping centres.

The disposal remains conditional on Competition Commission approval.


09 May 2012
Author Warehouse Finder
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