Tuesday, 10 September 2019 17:18

Multi-million Rand Rustenburg Mall Underway

Rustenburg shoppers can look forward to a brand new shopping centre – Rustenburg Mall – set to introduce its first phase in April 2021.

The North West agricultural town of Vryburg is set to get its first enclosed shopping mall with a new 20 000m² centre.

Within the 13 month timeframe and in time for its official opening on 21 March 2019, Concor Buildings has completed the Maluti Crescent regional retail hub, owned by Vukile Property Fund, at Phuthaditjhaba in Free State province.

Concor Buildings has kicked off construction on the second phase of the prestigious Oxford Parks project in Rosebank, Johannesburg, after their successful completion of the first phase last year.

NEPI Rockcastle updates the valuation of its property portfolio in June and December each year. Fair value is determined by external, independent professional valuers with appropriate and recognised qualifications, and recent experience in the locations and category of properties being valued.

NEPI Rockcastle announces the official opening of its 59th property, Novi Sad Promenada in Serbia’s second largest city, Novi Sad. Novi Sad is a thriving city of approximately 320,000 inhabitants.

According to the report, a few commercial buildings were completed in the first half of 2018, increasing the total office supply to about 1.74 million sq m of Gross Leasable Area (GLA).

The township retail and shopping centre market in South Africa is growing at a rapid pace.

JSE-listed Echo Polska Properties (EPP), the leading owner and operator of shopping centres in Poland, has officially announced that a change of its company name from Echo Polska Properties N.V. to EPP N.V. has been registered by the trade register of the Dutch Chamber of Commerce.

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