Retail Property

Rebosis Property Fund aims big with Shopping Centres

Retail-focused real estate investment trust Rebosis Property Fund, has concluded a transaction valued at R5 billion, acquiring two large regional malls — Baywest Mall in Port Elizabeth and Forest Hill in Pretoria. ... Full story

Real Estate Investments in South Africa increased by R28 billion

Investment volumes in South Africa’s real estate saw a 55,2% increase in 2016, despite economic challenges, weak currency and political uncertainty. ... Full story

Industrial Sector the top performer in SA Property Market

INDUSTRIAL remains the top-performing property sector in South Africa, with a total return of 13.6% delivered in 2016, the latest IPD SA Annual Property Index shows. ... Full story

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. ... Full story

New Ballito Junction Mall ready to trade despite dwindling consumer spending

The much-awaited Ballito Junction Mall located in KwaZulu-Natal's North Coast holiday town of Ballito, will be opening to the public on Thursday, March 23 despite other Mall Owners feeling the pinch amid dwindling consumer spending. ... Full story

Menlyn Park Shopping Centre becomes one of the largest mall in Africa

After undergoing a R2-billion revamp over the past two years, the Pretoria based Menlyn Park Shopping Centre is now one of the largest mall in Africa, with a total floor space of 170 000m2. ... Full story

Despite oversupply perceptions, Springs Mall to open next year

Despite oversupply perceptions, a new R950 million shopping centre, Springs Mall, under construction on a site at Blue Crane Eco Park, will open for trade on Thursday, 16 March 2017. ... Full story

Killarney Mall underperforms despite upgrades

Compared with other assets in Octodec Investments' R12.3bn property portfolio, Killarney Mall has not performed as expected though its trading density has increased. ... Full story

Trends in Cape Town and Johannesburg property market

The office sector has been out of favour for the past few years, but there are some positive signals in retail while industrial property sector shifts to clean properties focussed on light manufacturing as heavy manufacturing struggles. ... Full story

Hyprop buys Skopje City Mall stake in a joint venture

Hyprop Investments (JSE:HYP) announced yesterday that it had acquired a 60% interest in Skopje City Mall Macedonia, purchased from Balfin Finance BV, Amsterdam in deal worth R1,3 billion (€92 million EUR ). ... Full story

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