Middelburg Mall reports robust trading activity
Retail trading at the new regional shopping centre in Mpumalanga, Middelburg Mall, has been exceptionally strong with over five million shoppers attracted in its first year of trading.
Retail property leaders Flanagan & Gerard Property Development & Investment and Moolman Group own Middelburg Mall which opened fully let in April 2012 with a diverse mix of 100 retailers.
The 43,000sqm mall has consistently attracted over 400,000 shoppers each month since opening. Its shopper numbers peaked in December 2012 at a noteworthy 550,000.
But it isn’t only shoppers that are pleased with the new Middelburg Mall.
Retailers throughout Middelburg Mall enjoyed excellent trading during its first year.
Mike Tammadge, general manager of Middelburg Mall, reports that retailer targets were comfortably exceeded, particularly for the mall’s anchor tenants.
“Fashion retailers, in particular, achieved stand-out trade over the past year, proving to be a cornerstone of the mall’s success,” says Tammadge.
Tammadge believes the key to Middelburg Mall’s first-year trading triumph is its appealing retailer mix, excellent location and its clean, safe shopping environment. “Choice and variety are important to today’s shopper and Middelburg Mall delivers both.”
Middleburg Mall’s success is far-reaching.
“Besides being an excellent retail resource for the community, it has also been a catalyst in attracting business and investment to the area,” says Tammadge. “There’s increased development surrounding the mall, with several new office blocks and corporates moving into the area.”
This is creating an upwards trajectory for the local economy. “Development and businesses create more employment in the area and added income for the town. We believe that this trend will continue well into the future, and will have a sustainable positive impact on the region,” says Tammadge. “We look forward to going from strength to strength with the Middelburg community.