Hyprop sells its share in Southcoast Mall
Hyprop unitholders on Tuesday, 8 May 2012, 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.