Hyprop Investments Limited · JSE:HYP
Hyprop Investments — Corporate Update (November 2021)
10 slides from Hyprop Investments's corporate update, November 2021
Slide 1: Pre-Close Operational Update
Pre-Close Operational Update Four months ended 31 October 2021
Slide 2: Headlines
Headlines Positive progress implementing our strategy Group South Africa Eastern Europe Sub-Saharan Africa Non-Tangible Assets • Further strengthened the • Golden Thread rollout • Skopje City Mall • Operational recovery post • Development of Digital and balance sheet progresses o Mall refurbishment
Slide 3: Further strengthened the balance sheet
Further strengthened the balance sheet • Update on refinance of EUR equity debt • R900 million unutilised revolving credit facilities • R1 586 million cash on hand at 30 November 2021 • LTV improved to 34.0% on a like for like basis 3
Slide 4: Operational performance metrics: South Africa
Operational performance metrics South Africa – 12 months ended October 220.0 220.0 20% 203.1 205.4 200.2 201.8 194.1 200.0 200.0 189.6 18% 174.4 171.9 180.0 180.0 16% 160.0 160.0 14% 140.0 12.1% 11.9% 140.0 11.2% 11.3% 12% Effort ratio (%) Other metrics 10.6% 10.5% 120.0 120.0 10.3% 10.1% 10% 100.0
Slide 5: Operational performance metrics: South Africa months
Operational performance metrics South Africa – 4 months Tenant Turnover Trading Density 2,000 16% 3,500 14% 13.8% 12.3% 14% 3,000 12% 11.7% 1,500 12% 2,500 10% R Millions 11.5% 10% Rands 2,000 6.3% 9.3% 8% 1,000 6.3% 8% 1,500 6% 6% 500 4% 1,000 4% 1.0% 2% 500 2% - 0% - 0% Jul Aug Sep Oct Jul Aug Sep
Slide 6: Operational performance metrics: Eastern Europe
Operational performance metrics Eastern Europe – 12 months ended October 70.0 70.0 20% 64.7 62.1 18% 60.0 60.0 56.1 53.2 16% 50.0 50.0 14% 44.6 44.8 11.3% 11.2% 11.0% 11.1% 12% Effort ratio (%) Other metrics 40.0 40.0 32.7 31.6 10% 30.0 30.0 25.8 24.9 8% 22.3 22.8 20.0 6% 4% 10.0 6.4 5.8 5.1 5.4 2%
Slide 7: Operational performance metrics: Eastern Europe months
Operational performance metrics Eastern Europe – 4 months Tenant Turnover Trading Density 60 23.0% 25% 300 25% 22.3% 50 20% 250 15.5% 20% € Millions 40 200 15% 15% Euro 30 9.9% 150 15.9% 10% 8.3% 10% 20 100 3.3% 10 5% 50 1.3% 5% - 0% - 0% Jul Aug Sep Oct Jul Aug Sep Oct Footcount Vehicle Count 3.5 2
Slide 8: Operational performance metrics: Sub-Saharan Africa months
Operational performance metrics Sub-Saharan Africa – 4 months Tenant Turnover Trading Density 10,000 25% 250 25% 19.6% 20.8% 19.1% 8,000 20% 200 20% 6,000 15% 150 12.3% 15% Dollars $’000 15.1% 8.8% 4,000 10% 8.5% 100 10% 4.6% 2,000 5% 50 5% - 0% - 0% Jul Aug Sep Oct Jul Aug Sep Oct Footcount Vacancy
Slide 9: In closing
In closing Purpose How we do it We create safe environments and By owning and managing dominant retail opportunities for people to connect centres in mixed-use precincts in key economic and have authentic and meaningful nodes in South Africa and Eastern Europe experiences Group South Africa Eastern
Slide 10: Investor Relations
Investor Relations Lizelle du Toit +27 82 465 1244 / [email protected]
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