McCormick Property Development

Green light for R1.2 billion shopping mall in Pretoria

The development by one of SA’s oldest rural shopping centre developers, McCormick Property Development (MPD), of a massive shopping mall in Pretoria West costing at least R1.2 billion has been given the green light.

R850 million Mall of Tembisa gets off the ground

Tembisa residents will soon no-longer have the need to travel as far as Midrand and Kempton Park in search of quality retail therapy as construction of Mall of Tembisa commenced early April.

Thousands flock to Alex Mall for Inauguration

Despite consumers’ seemingly waning appetite for retail therapy, Alex Mall, featuring numerous popular clothing and interiors brands, was officially opened on Wednesday by Johannesburg Mayor Herman Mashaba.

Mall of Zimbabwe space take-up increases 75%

Take-up of retail space at Mall of Zimbabwe Millennium Park in the plush Borrowdale suburb of Harare has exceeded expectations reaching 75 percent, despite delays in the project construction.

Nedbank takes equity stake in Olievenhout Plaza

Nedbank Corporate Property Finance once again has demonstrated its commitment in the growth potential of the retail sector by not only providing finance to a new retail development called Olievenhout Plaza, but its investment arm has acquired a 25% equity stake through a partnership with emerging market pioneer McCormick Property Development.

Diepkloof Square shopping centre opens doors to the Public

Soweto will enter a new era of convenient, quality retail when Diepkloof Square community shopping centre opens, fully let, on 29 November 2012.

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