Nedbank Corporate Property Finance announced today it will provide funding to the tune of R1.721 billion for the development of a new regional shopping mall in Port Elizabeth in the Eastern Cape.

Synergy Income Fund Limited has announced that it will acquire Atlantis City Shopping Centre in the Western Cape for approximately R334 million.

Diepkloof Square community centre is reporting strong and growing trade less than six months after opening on 29 November 2012, bringing quality community shopping to this iconic Soweto suburb.

Outlying towns in the Eastern Cape such as Sterkspruit – situated just before the Lesotho border, and Mthatha and Tsolo in what was formerly known as the Transkei, are experiencing an increased demand for retail space

OIL giant BP is to embark on a huge expansion of its forecourt retail offering in South Africa, announcing on Tuesday that it will partner with Pick n Pay to build 120 more food convenience stores at its fuel stations over the next five years.

Monday, 15 April 2013 01:17

Hyprop exits Sycom through share swap

Hyprop will acquire the 66317m² Somerset Mall from Sycom Property Fund in a share swap arrangement, allowing Hyprop to exit its 34% stake in Sycom.
Sunday, 14 April 2013 16:34

Retail sector transactions in 2012

The total value of retail in 2012 was R7.7 billion a decrease of 14% when compared to R8,9 billion transactional value in 2011.

Aucor Property has announced that the well known Nedbank Corner in Braamfontein will come under the hammer at its April Auction event

Elim, Limpopo, has a brilliant new landmark shopping Centre. The 18,676sqm first phase of Elim Mall opened successfully to crowds of shoppers on Thursday

Mahwelereng Shopping Centre opened on Wednesday, meeting the growing needs of local consumers by introducing the refreshing convenience of one-stop shopping to this growing Limpopo town.

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