Covid-19 crunch takes its toll on group’s rental income.

Nedbank Private Wealth's Preston Narainsamy on another strong red day for local markets. Hyprop CEO, Morné Wilken on HY results as they cut distributions but meet all banking covenants for the year ending June. Hulamin CEO Richard Jacobs on a really tough set of annual results that recorded an increased loss.

Covid-19 exacerbates property devaluations, as distributable income takes a R434m overall knock.

Three of the country’s top malls are affected.

The industry is facing its worst annual performance yet.

Double-digit declines forecast.

As group posts healthy full-year results.

Despite its 'downsizing' the clothing group remains a major tenant with 730 stores and a million square metres of prime retail space countrywide.

And that was before the coronavirus-curbing lockdown was announced.

Latest results also show that group distributable income for its half-year to the end of December 2019 decreased 13%.

The Los Angeles-based fashion retailer is reportedly set to close some 350 stores around the world.

Hyprop falls to a new low, with its share price sliding to the lowest level in over five years.

Fund looks to bring down debt levels, following a downgrade of its credit by Moody's earlier this year. Hyprop continues with rest of Africa asset disposal

Listed property fund's strong balance sheet and low loan-to-value ratio give it room to grow.

The bank's financing pipeline in the rest of Africa has now grown beyond the R4.5bn mark.