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John Copelyn’s HCI to sell Hermanus mall stake for $36M
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John Copelyn’s HCI to sell Hermanus mall stake for $36M
Hosken Consolidated Investments, led by chief executive and co founder Johnny Copelyn, has agreed on Jan. 7 to sell its majority stake in a shopping centre in the coastal town of Hermanus for 600 million rand ($36 million), part of a broader drive to pare back property holdings and strengthen cash flow.HCI said its unit HCI Whale Coast Village, in which the group holds an 80% interest, will sell a combined 65% undivided share in the rental enter…
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