The South African Council of Shopping Centres’ (SACSC) Footprint Marketing Awards were announced at the SACSC’s 20th Annual Congress, currently underway at the Sandton Convention Centre, and the coveted top award - the Spectrum Award - was won by industry icon Sandton City.
Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.
An entrepreneur Malose Kekana , clings a multibillion-rand deal which will see his consortium owning 24% of property company, Pareto.
Retail cannibalisation is becoming a growing reality in South Africa and, until now, it has been all too easy to place the blame for this squarely at the feet of shopping centre developers.
For most in the building sector, a project of the sheer magnitude and complexities of the Menlyn Park Reconfiguration Phase 2 project comes once or twice in their lifetime.
For retailers to make sales their doors need to be open for longer. That’s the word from Marius Muller, CEO of leading shopping centre investor Pareto.
To minimise inconvenience to shoppers during its current refurbishment, Menlyn Park Shopping Centre has introduced 12 Concierge Ambassadors to assist shoppers during its phase two expansion.
Space at prime South African retail properties was made to work harder throughout 2015 and delivered real growth on an inflation adjusted basis.
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