Table Bay Mall

Hyprop Seizes Prime Opportunity, Acquires Table Bay Mall

  • Retail property group Hyprop has acquired Table Bay Mall in the Western Cape for R1.625 billion, emphasizing its strong growth potential in a rapidly expanding region.
  • The 67,500 square-meter mall is located in an area earmarked for significant residential development, with a focus on medium to high-income earners as potential customers.
  • The acquisition includes plans for optimizing the tenant mix and investing in solar panel installations, with the transaction subject to competition clearance and other conditions, expected to be finalized by April 30, 2024.

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