Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.

Sales per square metre in shopping centres - from large super regional malls to neighbourhood 'locals' - continued to grow in March, according to the Clur Report of SA Retail Property, an industry barometer tracking performance at more than two million square metres of retail space in South Africa and Namibia.

The uptick in shopping centre sales out of negative territory is continuing, according to the Clur Report of SA Retail Property Performance for January, an industry barometer.

After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.

Welcome to the age of the chameleon shopping centre. It’s one of the themes in the current retail environment, according to indicators emerging from research covering the assets of top South African property funds.

Space at prime South African retail properties was made to work harder throughout 2015 and delivered real growth on an inflation adjusted basis.

The traditional shopping centre model is turning on its head, according to indicators emerging from research covering two million square metres of retail space across South Africa.

Managers of shopping centres and retail chains can now assess the health of portfolio assets through an innovative recommendations-based early warning system.

The International Council of Shopping Centers (ICSC), the global trade association for the shopping centre industry, has launched an African research group to help its membership tap into the economic growth potential across the continent.

A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses.

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