Hyprop Investments’ SA and Eastern European (EE) portfolios have reported ‘sturdy’ trading performances during the six months ended 31st December 2024.
Key trading metrics for the specialist retail property fund’s SA portfolio, comprising nine centres, include tenant turnover (+4.9%), trading density (+4.4%), and foot count (+0.4%) when compared to the previous period, with a c.6% increase in trading density for November and December 2024.
The EE portfolio tenants’ turnover and trading density saw strong growth of 8.8% and 7.2% respectively. Foot count (+0.8%) was impacted by the non-working Sundays Trade Act in Croatia which allows retailers to only operate on 16 Sundays per calendar year, prohibiting trading on public holidays.