Retail Property Market

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Pretoria gets new R6bn mixed-use precinct

Construction has begun on a new multi-billion rand Castle Gate mixed-use development in Pretoria....
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Fourways Mall finally launches, becomes the largest shopping centre in SA

After missing several deadlines, the newly redeveloped multi-billion Fourways Mall has finally opened its doors, becoming the largest shopping centre in South Africa....
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Hyprop disposes Zambia's Manda Hill Shopping Centre to Growthpoint Investec

Retail-focused property company Hyprop Investments sold its interest in Manda Hill Shopping Centre located in Lusaka, Zambia to Growthpoint Investec African Properties (GIAP)....
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Positive interim results from Liberty Two Degrees despite weak economy

Retail-focused Liberty Two Degrees (JSE:L2D), posted commendable results for the six months to June 2019, despite weak consumer sentiment....
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Comprop launches R1.8bn takeover bid for Safari Investments

Unlisted property group, Community Property (Comprop) has launched a R1.8-billion buy-out abid to acquire the entire issued share capital of JSE-listed mall owner Safari Investments (JSE: SAR)....
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Boardwalk Precinct gets R600m Retail project

The Boardwalk Casino and Entertainment World in Port Elizabeth is undergoing an R600 million extend and upgrade in the retail area....
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Elim Mall to spend R120 million on extensions

Limpopo’s Elim Mall, which is located in the south-east of Makhado formerly Louis Trichardt, is undergoing an expansion at a cost of R120m....
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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....
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How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable....
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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....
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