Waterfall Corner in Midrand, Gauteng, has been named the winner of the sought-after Spectrum Award for the best retail development, making a splash at the in the South African Council of Shopping Centre’s (SACSC) Annual Retail Design and Development Awards (RDDA).
The Pavilion shopping centre in Durban is set to get a massive R1.1 billion makeover and expansion designed to strikingly reposition the centre, significantly increasing its leisure and retail offering.
Hyprop Investment Limited’s Gauteng-based regional shopping centre, Clearwater Mall, has tripled the generation output of its solar photovoltaic PV plant and now boasts Africa’s largest rooftop Solar PV system.
The multi-billion rand Rainbow Junction mixed-use property megaproject, anchored by a new R2.5 billion 94,000sqm super-regional shopping centre, is getting unprecedented attention from investors and major developers wanting to co-develop or secure a stake in the groundbreaking project just 6km north of the Pretoria CBD.
In South Africa, 50% of shoppers see stopping for something to eat and drink as an important part of the experience when visiting a centre.
A host of leading local and international brands debuted at Melrose Arch this month, joining the iconic mixed-use precinct’s fashionable retail mix and elevating its shopping appeal.
Shopping centres delivered better returns for commercial real estate investors in the first half of the year than offices in spite of ongoing pressure on consumer spending.
Capital & Regional is granted permission to take up a secondary listing on the JSE, exposing South African investors to a property portfolio worth about GBP1bn or R21bn.
New Frontier Properties announce it has acquired the retail shopping centre known as Houndshill Shopping Centre located in Blackpool, United Kingdom from a third party vendor, for an approximate aggregate consideration of £105 million.

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