Hyprop Investments Limited, a listed REIT and admyt, a leader in ticketless parking solutions, today announced a strategic partnership to improve parking experiences at Hyprop’s dominant retail centres. admyt will now be available at over 70 locations nationwide.
Seamless ticketless parking will be introduced to millions of shoppers at Hyprop centres, leveraging admyt’s rapidly growing user base and network of locations.
The collaboration marks admyt’s expansion to Hyprop’s leading retail destinations, including CapeGate, Woodlands, Canal Walk, Rosebank Mall, Somerset Mall and Clearwater Mall. It further bolsters admyt’s extensive footprint nationwide, encompassing key locations like Hyde Park Corner and Table Bay Mall.
The Hyprop installation and rollout will cover over 30 000 parking bays and 175 lanes. Together, Hyprop centres have an average annual foot count of over 80 million.
The admyt parking app has over 280,000 vehicles active on its platform processing over four million parking events annually. admyt’s advanced parking solutions use licence plate recognition technology to streamline the parking experience, eliminating paper tickets and pay station transactions offering unparalleled convenience to users. Landlords benefit from improved operational efficiency, increased shopper satisfaction and lower parking costs.
Shoppers simply download and register once on the admyt app that allows them to park at all admyt-enabled malls. When they drive up to the parking entrance or exit of an admyt site, it opens automatically by recognising the licence plate. In addition to ticketless entry and exit, admyt offers parking validations for supermarkets and gyms as well as exclusive free parking credits and rewards for its users.
Brenda Frylinck, Hyprop National Facilities Manager says, “Hyprop’s partnership with admyt is a testament to our commitment to delivering innovative solutions that enhance our shoppers’ experiences as well as ensure operational efficiencies. This is one of the many ways we keep our retail centres relevant and competitive, providing convenience to our shoppers and visitors.”
Kfir Rusin, co-CEO of admyt adds, “The expansion of admyt locations via Hyprop makes ticketless and more sustainable parking solutions accessible to a broader audience setting a new parking standard for millions of shoppers in South Africa. admyt plans to be at every leading retail mall in the country and the rollout to Hyprop’s portfolio supports this vision. Moreover, it gives Hyprop a unique platform to enhance their customers’ experience and reward their top shoppers.”
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