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Hyprop sees R4bn reduction in property portfolio amid COVID-19 challenges

Hyprop has reported a R4 billion reduction in the value of its property portfolio. The group’s full year results reflect the headwinds seen by most of the property sector. The company – which owns Rosebank Mall and Hyde Park Corner, amongst others – says that rental rates remain under pressure. Hyprop CEO, Morné Wilken joins CNBC Africa for more.

Tue, 22 Sep 2020 16:03:27 GMT
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