Day one of the Township Retail Investment Summit (TRIS) kicked off at the Mall of Thembisa
by connecting the township believers with the dreamers on Thursday 31 August.

Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.

Emira Property Fund has relaunched its Springfield Retail Centre in Durban, KwaZulu-Natal, a year after the centre was damaged by arson in the widespread looting and devastation of July 2021.

Despite the harsh economic and social climate, the longer-term trend in trading densities (sales per square metre) in more than 100 shopping centres in South Africa and Namibia shows a clear improvement since the 2020/21 Covid-induced downturn in performance. 

A new catalytic project in Durban’s outer west region deploys innovative thinking that combines the efforts of the public and private sector to create long-term value for all stakeholders.

Real (inflation-adjusted) retail sales growth for June came in at a negative -2.5% year-on-year rate, weaker than the previous month’s slightly positive +0.1%. 

GMI Properties Group announces the development of the much-anticipated Bronkhorstspruit Mall, ideally situated with excellent visibility from the N4 and the R25.

Property Insights - Retail Property has shown good signs of recovery as lockdowns have receded. But the consumer financial fundamentals that support it still look far from strong.

Rural Limpopo's Steilloop Shopping Centre was bought by developer, GMI Property Group back in 2015. With USave as the only anchor tenant, the strip mall, more of an afterthought than a retail portal was falling far short of serving the needs of the local community.

The 13-storey Sunbel building, a landmark in Cape Town’s Bellville Central Business District, is up for sale.

Published in Property Auctions
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