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You are here: Home / News / Sale of R1.6 billion luxury shopping mall in South Africa’s richest area collapses | SA News

Sale of R1.6 billion luxury shopping mall in South Africa’s richest area collapses | SA News

17 January 2026 by Guest

Luke Fraser
 ·16 Jan 2026

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Hyprop Investments’ sale of a 50% stake in Hyde Park Corner to a subsidiary of Millennium Equity Partners has fallen through.

In July 2025, Hyprop announced that it had entered into a sale-and-leaseback of 50% of Hydpe Park for R805 million, with an option to sell the remaining 50% in two years.

Hyprop said that the transaction was subject to the fulfilment of various conditions precedent.

While the sale received approval from the Competition Commission, Hyprop has…

Cultural Significance: Newspapers remain an essential part of South African
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Reader Interactions

Comments

  1. Koi Diva

    17 January 2026 at 12:19 pm

    Do not argue with a fool because he will drag you down to his level and then beat you with experience.

  2. Miss Mustard

    17 January 2026 at 12:18 pm

    A South African, an Australian and an Englishman are all having a drink

    The Englishman and South African both drink from Pint Glasses, the Australian from a bottle.

    The South African, upon draining his glass, drops in back down on the bar, pulls out a pistol, and shoots the glass.

    \”In South Africa, there is so much sand that I never drink from the same glass twice!\”

    The Australian, having drained his bottle, sets it down upon the bar and, upon seizing the South African\’s pistol, shoots his bottle.

    \”In Australia, there is so much booze that I never drink from the same brand twice!\”

    The Englishman, likewise having drained his glass, sets his glass upon the table, seizes the pistol the pistol from the Australian, and shoots the South African and the Australian, quite dead.

    \”In England, there are so many of you bastards that I never drink with the same two twice!\”

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