According to John Loos, a mild slowdown for the Consumer and Retail Property sector is projected based on an FNB macroeconomic scenario where recession is avoided, inflation is moderate, and interest rates have just about peaked.

The R1.4 billion new 65,000m2 Ballito Junction Regional Mall is already more than 80% full, with more than a year-and-a-half before it is due to open in March 2017.

The total value of outstanding credit balances in the South African household sector came to R1 391,6 billion at the end of August 2014, which was R2,9 billion down on total credit balances of R1 394,5 billion at end-July.

The first quarter of 2014 saw nominal year-on-year growth in the average value of homes.

Maponya Mall, has proven to be a major draw card for national retailers eager to claim a share of the estimated R4.3 billion Soweto consumer market, as determined by the City of Johannesburg.