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The Retail and Shopping Centre industry in South Africa, like everywhere else in the world, is rapidly evolving.

One of Johannesburg’s best kept secrets is Gallo Manor, a leafy residential suburb situated just minutes from the Sandton city centre.

If Sandton, the financial centre of South Africa, has been impacted by the national economic slowdown, the city appears, at least physically, to show little sign of this.

South Africa’s financial hub – Sandton Central in Johannesburg - will play host to the Royal Institution of Chartered Surveyors (RICS) influential annual Africa Summit from 22-23 February 2017.

Landlords in the burgeoning office hub of Rosebank are not shy to charge premium-grade office tenants top-end rentals, given the demand for space in the district.

One of the country’s foremost black owned healthcare groups Busamed today announced the opening of the world class Modderfontein Private Hospital & Oncology Centre on the footprint of Zendai Development’s Modderfontein New City. The state-of-the-art tertiary hospital will offer comprehensive healthcare services to communities in and around Modderfontein.

The South African Institute of Black Property Practitioners (SAIBPP) has honoured Growthpoint Properties for demonstrating outstanding commitment to the transformation in the property sector.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

Two high-profile industry achievement awards were announced recently at the 20th Annual SA Council of Shopping Centres’ (SACSC) Congress, acknowledging the exceptional contributions of the retail industry’s top talent.

Following the uncertainty prior to the elections, the second half of the year should be much more positive for the property sector, according to Norman Raad, CEO of Broll Auctions and Sales.

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