After the very successful opening of Steilloop Shopping centre in November 2016 GMI Property group started the construction of Tibani Shopping Centre in October 2017, to open in August 2018.
JSE diversified REIT - Dipula Income Fund (Dipula) - today announced its intention to acquire a diverse property portfolio for a purchase consideration of R1.27 billion, taking Dipula’s total portfolio value to more than R8.5 billion.
Despite the difficult economic climate South Africa is experiencing at present, Fairvest Property Holdings Limited managed to conclude some 30 lease renewals, or 6 000m² of GLA during the first four months of the new financial year at the budgeted rentals.
The 14,000m2 Mall@Moutsiya, which opened in August 2016, will benefit from the addition of the new Engen petrol station on the corner of its property that will stream petrol by December 2017.
The Green Street Commercial Property Price Index declined by 1% in October due to falling mall valuations.
The Mall@Carnival is a well-established 87,000m2 Super-Regional Shopping Centre, situated in the Brakpan area of the East Rand.
Redefine Properties is to expand its offshore property platform with the acquisition of a strategic 25% stake in a one billion euro retail portfolio of 28 quality established and well located assets in Poland.

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