Emira Property Fund continues to grow value in its retail property portfolio, investing over R250 million in acquiring new centres and upgrading its shopping centres.

Private sector real estate investment in the suburb of Richmond Hill in Port Elizabeth is rising on the back of ongoing regeneration projects, with a record 68 percent of businesses and 34 percent of home owners making improvements to their properties in 2014. 

Checkers is the latest leading retailer to confirm it will open in Ballito Junction as part of the centre’s major redevelopment and expansion that will see the mall growing to eight times its current size.

South Africans’ desire for new shopping centres is being insatiable as another mall enters the fray.

The Airport Shopping Centre in Belhar, Western Cape, was recently sold via a private treaty negotiation facilitated by Nexus Property Group (NPG).

JSE listed REIT Octodec today announced a reasonable half year performance in a toughening business environment with muted economic growth.

UAG was founded in 1992 by Haddis Tilahun and was later joined by his wife, Dr. Martha Namundjebo-Tilahun.

Novare Real Estate Africa has announced that construction has started on its fourth commercial development in Nigeria, the multi-billion naira Novare Gateway mall in the capital city of Abuja.

Growing online sales will not deter retailer’s physical store expansion plans in 2016, reports CBRE in its seventh edition of “How Active Are Retailers Globally?”, a study of  over a 150 major international brands based in Americas, Asia Pacific and Europe, Middle East and Africa (EMEA).

Savvy African consumers demand clean, interactive and well operated shopping centres, as well as extended trading hours to indulge in retail therapy, according to the Broll Shopper Segmentation Report 2016.