Thursday, 03 December 2015 09:48

Luxury retail sector shows signs of growth

South African consumers who can afford to buy luxury products expect an indulgent experience and personal attention from luxury retail stores.

According to John Truter, Chief Operating Officer, WSP | Parsons Brinckerhoff, Structures, Africa, there are three mega trends driving the commercial property industry.

Top commercial property broker Sean Berowsky was recently appointed Head of Commercial and Industrial Broking at Broll South Africa.

In South Africa, 50% of shoppers see stopping for something to eat and drink as an important part of the experience when visiting a centre.

One of Africa’s leading property services firm, Broll Property Group scooped eight awards in the Euromoney Real Estate Awards 2015.

Rapid urbanisation, population growth and an undersupply of formal retail space continue to drive growth in the retail sector across Sub-Saharan Africa.

Tuesday, 08 September 2015 09:12

The case for multinational occupiers in Africa

With an increased focus on Africa from multinational occupiers, the key trends of portfolio optimisation, flexibility and improved utilisation form part of a specialised real estate service for corporates.

With a 25 bases points increase in interest rates, consumers can expect tough times ahead with overall retail sales growth to range between 2% to 2.75% for the remainder of 2015.

Group CEO of the Broll Property Group today announced the executive appointments of Gordon Bell as Director for Broll Africa operations in East Africa, and Brad Gee, as Managing Director of Broll Kenya with effect from 1 July. 

Broll Acquires Finlay Management Business in SA and Mozambique.

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