South African tycoon John Copelyn’s HCI to sell Hermanus mall stake for $36 million in latest property exit
Billionaires Africa | 10.01.2026 19:21
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.