Hyprop warns of up to 46% decrease in distributable income

Specialised shopping centre real estate investment trust (Reit) Hyprop expects its distributable income a share for the six months ended December 31, 2020, to be between 43% and 46% lower year-on-year at between 181c and 191c. The company attributes the decline mainly to the negative impact of Covid-19 on the group’s operations.

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