Hyprop Investments Limited · JSE:HYP
Hyprop Investments — Corporate Update (December 2024)
26 slides from Hyprop Investments's corporate update, Dec 4, 2024
Slide 1: Investor Site Visit
Investor Site Visit 4 December 2024
Slide 2: Somerset Mall
Somerset Mall • Regional shopping centre located on the corner of R44 and N2 within a precinct known as The Triangle • 30km from Cape Town International Airport and 45km from Cape Town city centre • Somerset Mall opened in September 1993 (Age of asset: 31 Years) • Single-level mall with 180 stores •
Slide 3: Geographic Location
Pniel LaN ¢ T a ape Town P Stellenbosch 12] 4A [iz] Jonkershoek ae Na] on fR102] Wilm@ . Nature Reserve tal 2 [M17] wm 5 | Ore [M75] . 12321] [mea] LM4 Sir Lowry's Pass [mics] Grabouw [M66] Table Mountain National Rark m R44 Rooi-Els Oude Bosch Lea) Kleinmond
Slide 4: 74% of survey respondents reside within primary catchment area
74% of all survey respondents reside within primary catchment area PRIMARY MARKET INCOME GROUP ● AfricaEye data for the year 2024 was used as the demographic base for the catchment area and then forecasted for the year 2026 based on the historical growth rate of +2%. ● The catchment area is home to
Slide 5: Primary and secondary catchment market
1.7% 1,95% 1,8% Mitchells Plein 1,4% 1,4% 74% Stellenbosch 1,7% Khayalitsha 1,8% Eersterivier 1,95% Rooi Els, Pringle Bay & Betty's Bay 3,28% 3,28% SECONDARY MARKET PRIMARY CATCHMENT: 58% within a 12km / 10min drive. SECONDARY CATCHMENT: 20% within 20km WELL-POSITIONED: High concentration of affluen
Slide 6: Market Share
Total 100% Main Retail Category market size / month 2024 Primary Catchment Area Demographics Total 100% market size / year OES LESSORS Dy Pero ecae er Food & Groceries (incl. Liquor) R612873826 | R7 354485912 Fashion R 161 183 195 R 1934 198 344 Jewellery R 30 064 140 R 360 769 681 Health & Beauty R
Slide 7: Demographics
DEMOGRAPHICS je] GENDER % [\ OF SHOPPER W ale) SQ AGE RACE 18-24 YEARS WHITE 46% 25-40 YEARS cotoured 36% 4)-S5 EARS. BLACK 13% 56-75 VEARS ah HOUSEHOLD Aa SPEND INCOME ss L$ PER VISIT 6% > R100 000 76% > RIOOO 19% R50 000 - RE9 999 23% R30 000 - R49 999 17% R18 000 - R29 000 a @© PB SHOP FOR MOST 1
Slide 8: Looking back
Looking back • Pick ‘n Pay Hypermarket launched 15 November 2023 • Checkers Fresh X opened 23 November 2023 • Food Court upgrade and rebranded Cinema Connect • Golden Thread Repositioning strategy / Placemaking focus: • Luxury Lounges • Art Sculptures (world renowned artist, Marco Olivier) • Continu
Slide 9: Slide 9
Slide 10: New stores
New stores QBickn Gay lypermarket Sams@nite STEVE MADDEN Sams@nite CHATEAU GATEAUX Exceptional Cake Moments FREE BIRD ye good chicken! YJ western Cape Blood Service Do something remarkable GAITEC Y Faithful to Nature
Slide 11: Current market condition
Current market condition • Well positioned geographically • Strong wealth demographic • Somerset Mall is fully let • Strong demand for space from retailers • Great potential and opportunity to grow market share
Slide 12: Key Operational Performance Metrics
Key Operational Performance Metrics YTD (Jul - Oct 24) Growth 23/24 Foot Count 2 992 422 2,8% Total Turnover R934 166 815 9,5% Spend per Head R312 6,5% Trading Density R3 391 3,3%
Slide 13: Key focus areas
Key focus areas o Redevelopment & expansion project: ➢ Reconfiguration of existing retail space resulting in nett additional GLA 5,500m2 ➢ Downsizing and full upgrade of under performing anchors (Game & Edgars) ➢ Additional 50 new stores ➢ Affordable Luxury & Athleisure ➢ Family Entertainment & Food
Slide 14: Timelines
TIMELINES TARGETED OPENING | AFFORDABLE LUXURY & ATHLEISURE END NOVEMBER 2025 FAMILY ENTERTAINMENT & FOOD END JULY 2026
Slide 15: Existing Mall Map
GicknBay Glupermarket EXISTING MALL MAP
Slide 16: Development Overview
AFFORDABLELUXURY ATHLEISURE DEVELOPMENT OVERVIEW Disclaimer: This plan is intended only as a conceptual layout, which is subject to change.
Slide 17: Retail Expansion
AFFORDABLELUXURY ATHLEISURE RETAIL EXPANSION Disclaimer: This plan is intended only as a conceptual layout, which is subject to change.
Slide 18: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 19: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 20: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 21: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 22: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 23: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 24: Artist Impressions
ARTIST IMPRESSIONS *This is an indicative render and is subject to final design
Slide 25: Bathroom Upgrades
BATHROOM UPGRADES *This is an indicative render and is subject to final design
Slide 26: Slide 26
Hyprop Investments — Corporate Update (December 2024) on 6ix