Edgars Stores

Sorry Edcon, we will not reduce Rent, says Growthpoint Properties

After securing R2.7 billion, Edcon's request for rental reduction was met with a major obstacle at SA's largest landlord, Growthpoint Properties.

Landlords chip in as Edcon Holdings secures R2.7 billion

Edcon Holdings which owns Edgars Stores, Jet and CNA, has secured R2.7 billion rand from lenders, landlords and the Public Investment Corp. as South Africa’s largest clothing retailer wraps up its latest restructuring plan.

Shopping Mall Owners worried about Edcon can breathe a sigh of relief

The headlines about retail giant Edcon Holdings on the brink of collapse, have been jarring for South Africa’s big Shopping Mall Owners and the whole nation.

Dark days ahead for Mall Landlords as Edcon battles with Rent

There is still no respite for Landlords as one of SA’s oldest surviving retailers, Edcon Holdings which occupies big pockets of space in many shopping centres, is asking mall owners to chop rent.

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