Hyprop Investments Ltd traded at 5,500.00 this Friday March 13th, decreasing 120.00 or 2.14 percent since the previous trading session. Looking back, over the last four weeks, Hyprop Investments lost 10.71 percent. Over the last 12 months, its price rose by 30.05 percent. Looking ahead, we forecast Hyprop Investments Ltd to be priced at 5,341.05 by the end of this quarter and at 4,891.23 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hyprop Investments Limited is a South Africa-based shopping center real estate investment trust (REIT). The Company operates a portfolio of shopping centers in a range of metropolitan areas across South Africa, sub-Saharan Africa and Southeastern Europe. The Company's segments include Shopping centres, value centres, standalone offices, investments in sub-Saharan Africa (excluding South Africa) and investments in South-Eastern Europe. The shopping center portfolio in South Africa includes Canal Walk, Clearwater Mall, The Glen Shopping Centre, Woodlands Boulevard, CapeGate Shopping Centre, Somerset and Rosebank malls and Hyde Park Corner. The sub-Saharan Africa portfolio includes interests in Manda Hill in Lusaka, Zambia; Accra Mall, Achimota Mall and West Hills Mall (all in Accra, Ghana), and Ikeja City Mall in Lagos, Nigeria. The Company is also engaged in the construction of Kumasi City Mall in Kumasi, Ghana.