Retailers are increasingly turning to loyalty schemes as they try to keep existing customers and capture the attention of potential consumers, according to market research conducted by the Newspaper Advertising Bureau’s (NAB’s) 2013 Roots survey.

Eyethu Orange Farm Mall will result in the entire Orange Farm community holding a 10% stake in this 27,000sqm regional shopping mall, which is helping to transform the area into a flourishing central business district, and creating a valuable multi-faceted community asset.

Nedbank has provided R52 million finance to Imojoe International CC (Imojoe) for a 10% undivided share in a major regional shopping centre currently under construction, the Sasol Secunda Mall in Secunda, Mpumalanga.  

Wednesday, 26 June 2013 13:56

Rural retail still tops in Eastern Cape

The Eastern Cape, a region mostly overlooked by commercial property investors when compared with other parts of South Africa, is experiencing a sustained retail and property boom.

A recent uptick in development activity in Tygervalley has led to the node further establishing itself as a big player in the Cape Town commercial property market.

Keeping its shoppers right on trend, Sandton’s Morningside Shopping Centre has exciting new stores set to open in July. 

The 38 000m² retail development by Zenprop Property Holdings generated in excess of R818 million of retail turnover for the first 12 months of trade. 

Nedbank Corporate Property Finance announced today it will provide funding to the tune of R1.721 billion for the development of a new regional shopping mall in Port Elizabeth in the Eastern Cape.

Synergy Income Fund Limited has announced that it will acquire Atlantis City Shopping Centre in the Western Cape for approximately R334 million.

Diepkloof Square community centre is reporting strong and growing trade less than six months after opening on 29 November 2012, bringing quality community shopping to this iconic Soweto suburb.

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