Over the last two years, Kenya’s retail market has seen the opening of new shopping centres countrywide taking the retail GLA across the country to just over 760,000m2.
Shopping centres within the South African Broll portfolio generally experienced an increase in year-on-year (y/y) trading density growth in December 2016 with the exception of community centres, according to the Broll Retail Snapshot Q4: 2016 report.
Accessibility, affordability and the current revitalisation project makes the Woodstock & Salt River a sought -after industrial node with higher rentals being charged for available stock.
The South African Council of Shopping Centres’ (SACSC) Footprint Marketing Awards were announced at the SACSC’s 20th Annual Congress, currently underway at the Sandton Convention Centre, and the coveted top award - the Spectrum Award - was won by industry icon Sandton City.
Located around the Gillooly’s Interchange, the intersection of the N3 Western Bypass and the R24 (Johannesburg CBD to O.R. Tambo International Airport), Bedfordview and Bruma is an attractive office node to tenants looking for affordable rentals.
Savvy African consumers demand clean, interactive and well operated shopping centres, as well as extended trading hours to indulge in retail therapy, according to the Broll Shopper Segmentation Report 2016.
Consumers know what they want from shopping centres - they demand the presence of certain retailers as well as extended trading hours, according to the Broll Shopper Segmentation Report 2016 Volume 1.
Getting to know the consumer, monitoring trends and understanding the role of technology will underscore this year’s 6th Annual SA Council of Shopping Centres (SACSC) Research Conference, taking place in Sandton on 13 April.
Almost a third of European retailers view Africa as an important future destination in the next three to five years, reveals leading real estate advisor, CBRE.
Broll Property Group secured property management business valued over R35 billion in the last six months.
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