Investment property portfolio
AT 30 JUNE 2013
| Property description |
|
Location |
Ownership
(%) |
|
GLA
(m2) |
|
Cost
(Hyprop share)
R000 |
|
Fair value
(Hyprop share)
R000 |
|
Date of acquisition/
development |
|
| SHOPPING CENTRES |
|
|
|
|
|
|
|
|
|
|
|
|
| Canal Walk(1) |
|
Century City, CT |
80 |
|
153 531 |
|
1 253 062 |
|
5 627 200 |
|
October 2003 |
|
| Clearwater |
|
Strubens Valley, Jhb |
100 |
|
86 031 |
|
2 432 576 |
|
3 203 000 |
|
September 2011 |
|
| CapeGate |
|
Brackenfell, CT |
100 |
|
97 346 |
|
1 500 453 |
|
1 602 000 |
|
September 2011 |
|
| The Glen(2) |
|
Oakdene, Jhb |
75,15 |
|
74 348 |
|
659 009 |
|
1 854 094 |
|
|
|
| Woodlands |
|
Pretoriuspark, Pta |
100 |
|
71 607 |
|
1 601 034 |
|
1 886 000 |
|
September 2011 |
|
| Hyde Park(1) |
|
Hyde Park, Jhb |
100 |
|
37 003 |
|
328 024 |
|
1 556 000 |
|
Pre-listing 1988 |
|
| Atterbury Value Mart |
|
Faerie Glen, Pta |
100 |
|
47 745 |
|
918 684 |
|
987 000 |
|
September 2011 |
|
| Willowbridge |
|
Bellville, CT |
100 |
|
44 663 |
|
605 860 |
|
585 000 |
|
September 2011 |
|
| Stoneridge |
|
Greenstone Park, Modderfontein |
90 |
|
48 584 |
|
542 508 |
|
421 200 |
|
September 2008 |
|
| Somerset Value Mart |
|
Somerset West |
100 |
|
12 386 |
|
160 290 |
|
185 000 |
|
September 2011 |
|
| Total - shopping centres |
|
|
|
|
673 244 |
|
10 001 500 |
|
17 906 494 |
|
|
|
| OFFICES |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| The Mall offices |
|
Rosebank, Jhb |
100 |
|
18 177 |
|
Included with
Rosebank Mall |
|
307 000 |
|
January 2003 |
|
| Cradock Heights |
|
Rosebank, Jhb |
100 |
|
4 506 |
|
84 322 |
|
82 000 |
|
June 2009 |
|
| Glenfield Office Park |
|
Faerie Glen, Pta |
100 |
|
10 360 |
|
210 547 |
|
165 000 |
|
September 2011 |
|
| Glenwood Office Park |
|
Faerie Glen, Pta |
100 |
|
3 474 |
|
70 277 |
|
40 000 |
|
September 2011 |
|
| Lakefield Office Park |
|
Centurion, Pta |
100 |
|
15 689 |
|
241 581 |
|
155 000 |
|
September 2011 |
|
| Total - stand alone offices |
|
|
|
|
52 206 |
|
606 727 |
|
749 000 |
|
|
|
| DEVELOPMENT PROPERTY |
|
|
|
|
|
|
|
|
|
|
|
|
| Rosebank Mall |
|
Rosebank, Jhb |
100 |
|
35 950(3) |
|
|
|
1 187 000 |
|
January 2003 |
|
| Total - development property |
|
|
|
|
35 950 |
|
|
|
1 187 000 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total - portfolio |
|
|
|
|
761 400 |
|
10 608 227 |
|
19 842 494 |
|
|
|
| (1) Includes office component |
(2) 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 |
|
(3) GLA for Rosebank Mall reflects historical GLA, prior to additional space due to re-development
|
|
|
|
