When you can’t buy goods and services in your own town to meet your daily needs, shopping can become a costly and complicated concern. But this will soon end for residents of KwaZulu-Natal rural town Tugela Ferry, with investment from Copper Zone Pty Ltd and the know-how of Retail Network Services.

Monday, 03 December 2012 12:59

Jozini Mall takes fashion retail forward

When the first large one-stop retail centre opens in Jozini, North-Eastern KwaZulu-Natal, retail-starved local consumers will enjoy more than comprehensive and convenient shopping. Jozini Mall, which opens in September 2013, will also forge a long-awaited fashion boost for the area.

Wednesday, 28 November 2012 13:28

Nedbank Backs Largest Mall In Lesotho

Nedbank has provided a syndicated development facility and long term debt funding of R181 million for a major 32,000m² retail centre that launches in Lesotho’s capital, Maseru, today. The approximately R430 million mall is funded through a combination of equity and bank debt.

Synergy Income Fund has recently enhanced its management structure by bringing its full property management operations in-house.

Tuesday, 23 October 2012 17:30

Organic Growth for SA's Retail Industry

South Africa's retail and consumer industry is facing a difficult and challenging business environment in the aftermath of the global economic recession, according to a report issued today by professional services firm PwC.

Emalahleni’s only regional shopping centre, Highveld Mall, set to launch phase 3 on 25 October 2012, will offer customers even more of what they enjoy.

In possibly the strongest demonstration of its commitment to the retail and previously disadvantaged sectors, Nedbank not only provided the R255 million finance for the building of the new Protea Glen Mall in Soweto, but has also taken an equity stake. 

Friday, 07 September 2012 09:35

Nedbank backs Synergy

The purchase of two shopping centres by Synergy Income Fund Limited, in part through a R234 million loan from Nedbank, further underscores the bank’s commitment to the listed and retail property sectors.

Wednesday, 05 September 2012 16:12

Range of retail insights to titillate interest

Delegates hoping to gain a diversity of insight at the 16th annual SA Council of Shopping Centres (SACSC) Congress will not be disappointed, as the theme of Connect: The Power of Personal plays out across a variety of retail topics.

The community of Philippi in the southern suburbs of Cape Town will soon enjoy access to its own conveniently located shopping centre as a result of the recent approval of a R70 million loan facility by Nedbank Corporate Property Finance: Cape.

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