Shoppers in Boksburg are in for a festival of fine food when Sunward Park shopping centre opens in September 2013.

With the death of Hugo Chavez dominating news many commentators are speculating on the future of Venezuela’s property markets, will the current Latin Socialism continue? 

Research is driving retail sector expansion and evolution across the globe as cutting-edge information pinpoints the latest consumer trends to heighten the way we invest in new malls, stores, formats, sales channels and marketing experiences.

Fairvest acquires Matsulu Centre from Huwani Projects for R54m

On Monday 4 February Investec Property celebrated breaking ground at the site of a new shopping centre in Mayfield, Daveyton, with a sod-turning ceremony. 

The retailer has developed two new stand-alone retail centres in Chatsworth, KwaZulu-Natal and in Little Falls, Roodepoort, Johannesburg.

Nedbank Corporate Property Finance has partnered with emerging market pioneer McCormick Property Development to finance a new retail development called Olievenhout Plaza in the north of Johannesburg, and its investment arm has acquired a 25% equity stake in the development. 

When you can’t buy goods and services in your own town to meet your daily needs, shopping can become a costly and complicated concern. But this will soon end for residents of KwaZulu-Natal rural town Tugela Ferry, with investment from Copper Zone Pty Ltd and the know-how of Retail Network Services.

When the first large one-stop retail centre opens in Jozini, North-Eastern KwaZulu-Natal, retail-starved local consumers will enjoy more than comprehensive and convenient shopping. Jozini Mall, which opens in September 2013, will also forge a long-awaited fashion boost for the area.

Nedbank has provided a syndicated development facility and long term debt funding of R181 million for a major 32,000m² retail centre that launches in Lesotho’s capital, Maseru, today. The approximately R430 million mall is funded through a combination of equity and bank debt.