Consumers know what they want from shopping centres - they demand the presence of certain retailers as well as extended trading hours, according to the Broll Shopper Segmentation Report 2016 Volume 1.
Experienced Nigerian consumers are ahead of the curve when it comes to online shopping compared to consumers in Kenya and South Africa, according to the Broll Shopper Segmentation Report 2016 Volume 1.
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.
The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.
Richards Bay is one of South Africa’s fastest developing cities, with the country’s second biggest harbour and largest coal export facility in the southern hemisphere, stimulating rapid industrial and commercial expansion and in turn driving urban development.
Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.
The Makana Municipality in Grahamstown makes a U-turn on its decision to demolish the Makhanda Mall, which is constructed without approved building plans.
While developers are quick to build new shopping centres, some property experts are concerned that the domestic market may be oversaturated.
MAS, through its wholly-owned subsidiary, Instrumento Capital S.a.r.l., has concluded a sale and purchase agreement to acquire three freehold buildings (the “properties”) in Germany from KR Real Estate GmbH & Co. KG (the “acquisition”).
South African Council of Shopping Centres (SACSC) sponsored research has revealed that trading at shopping centres around the country increased, significantly in some instances, in 2015.

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