Shifting local and international approaches to lifestyle, health, wellness, environment, work and community living are increasingly dictating the need for Southern African shopping centres to adopt an integrated holistic and fluid strategy to drive performance. 

The uptick in shopping centre sales out of negative territory is continuing, according to the Clur Report of SA Retail Property Performance for January, an industry barometer.

After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.

Welcome to the age of the chameleon shopping centre. It’s one of the themes in the current retail environment, according to indicators emerging from research covering the assets of top South African property funds.

Space at prime South African retail properties was made to work harder throughout 2015 and delivered real growth on an inflation adjusted basis.

The traditional shopping centre model is turning on its head, according to indicators emerging from research covering two million square metres of retail space across South Africa.

Managers of shopping centres and retail chains can now assess the health of portfolio assets through an innovative recommendations-based early warning system.

The International Council of Shopping Centers (ICSC), the global trade association for the shopping centre industry, has launched an African research group to help its membership tap into the economic growth potential across the continent.

A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses.

Most Popular

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
 BRONWNY CORBETT
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

Concor builds world class data centre for Orange Botswana

Sep 30, 2019
 ORANGE 1
Construction of the new Data Centre for Orange Botswana is well underway, with this fast…

Abland making good progress on R2bn smart precinct in Pretoria

Sep 30, 2019
 IRENE LINK
Abland, one of South Africa’s leading property developers for over 30 years, together…

National Housing Awards Contract for Crested Towers Property Management to Broll Uganda

Oct 03, 2019
 NHCC BROLL
Broll Property Group has added another high-profile client to their books by winning the…

Atterbury begins development of R6bn Castle Gate precinct in Pretoria

Oct 04, 2019
 CASTE GATE 1
Atterbury has commenced construction of the first phase of the prime new multi-billion…

Please publish modules in offcanvas position.