Retail Property

Sorry Menlyn Park, Fourways Mall set to become Africa's largest centre

While Pretoria's Menlyn Park Shopping Centre is the largest mall in Africa, the title for the latter will only be temporary, as Joburg's Fourways Mall has plans to steal it within the next three months.

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.

Fund bets on super mall to Accelerate confidence

Accelerate Property Fund is banking on the relaunch of the Fourways Mall in 2018 to boost confidence in the company and its shares.

Hyprop grows its Eastern Europe footprint but faces pressure back home

Hyprop Investments (JSE:HYP), the owner of blue chip malls such as Johannesburg’s Rosebank Mall, Hyde Park Corner and Canal Walk in Cape Town, is actively expanding its Eastern European property business.

Fourways takes a bite out of Accelerate's income

The property fund has focused on developing the Gauteng suburb of Fourways into a business and lifestyle node,

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.

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.

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.

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.

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