Investment property portfolio

AT 31 DECEMBER 2012

Property description Location GLA
(m2)
Cost
(Hyprop share)
R000
Fair value
(Hyprop share)
R000
Date of
acquisition/
development
SHOPPING CENTRES          
80% undivided share in Canal Walk * Century City, CT 157 447 1 248 452 5 200 000 October 2003
Clearwater Strubens Valley, Jhb 85 174 2 426 355 2 945 000 September 2011
CapeGate Brackenfell, CT 99 619 1 499 631 1 509 000 September 2011
75,15% undivided share in The Glen Oakdene, Jhb 74 624 645 493 1 751 130 #
Woodlands Pretoriuspark, Pta 70 319 1 600 844 1 770 000 September 2011
Hyde Park * Hyde Park, Jhb 36 894 320 868 1 420 000 Pre-listing 1988
Rosebank Mall Rosebank, Jhb 35 950 440 404 990 000 January 2003
Atterbury Value Mart Pretoria 47 707 918 020 952 000 September 2011
Willowbridge Bellville, CT 44 027 605 237 620 000 September 2011
90% undivided share in Stoneridge Greenstone Park, Modderfontein 51 293 542 033 432 900 September 2008
Somerset Value Mart Somerset 12 546 160 290 170 000 September 2011
Total - shopping centres   715 600 10 407 627 17 760 030  
OFFICES          
The Mall Offices Rosebank, Jhb 17 694 Included with
Rosebank Mall
284 000 January 2003
Cradock Heights Rosebank, Jhb 4 508 84 321 78 000 June 2009
Glenfield Office Park Pretoria 10 360 210 511 144 000 September 2011
Glenwood Office Park Pretoria 3 415 69 723 39 000 September 2011
Lakefield Office Park Pretoria 15 266 241 426 165 000 September 2011
Total - offices   51 243 605 981 710 000  
HOTEL          
Southern Sun Hyde Park (held-for-sale) Hyde Park, Jhb 132 rooms 178 892 130 000 September 2009
Total - portfolio   766 843 11 192 500 18 600 030  

* Includes office component
# The 75,15% undivided share in The Glen was acquired on the following dates:
 
- 33,33% in December 2001
- 16,77% in September 2002
- 25,05% in October 2004