PROPERTY
JSE-listed Hyprop on Friday said progress was being made in the potential dual-listing of its 60%-owned UK-based Hystead subsidiary, which holds all of Hyprop’s South-Eastern Europe assets, by the first half of 2018. Hystead is eyeing additional listings on the Johannesburg and Luxembourg bourses to enable it to become a standalone fund, reduce its reliance on Hyprop and position it for growth, said Hyprop CEO Pieter Prinsloo.
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