Morningside Shopping Centre sets new standards in environmental stewardship.

Known for the finest in convenience shopping and its chic and stylish mix of local and international brands, a decade since opening Morningside Shopping Centre remains absolutely in step with its discerning shoppers’ high expectations.

Morningside Shopping Centre’s customer numbers increased by double digits year-on-year each month in the second half of 2015.

Morningside Shopping Centre achieved a record performance in September, notching up its highest monthly turnover since this iconic centre first opened in June 2009. Overall, the popular bespoke community centre in Sandton is delivering growth of 10% year-on-year.

Morningside Shopping Centre is excited to welcome leading national retailer Woolworths to its tenant mix with the opening of a Woolworths Food store and Woolworths Cafe on Thursday, 5 February 2015.

Total return on Hospitality A-linked units total 38% and for B-linked units it amounts to a notable 116%. The Fund’s total returns during the reporting period significantly outperformed the listed property sector

Hospitality Property Fund Limited announced that it will acquire the 4-star Richards Hotel together with neighbouring land totalling 12,960m2, the 2-star Bayshore Hotel all in Richards Bay and the 3-Star Protea Hotel Imperial in Pietermaritzburg.

The South African listed property sector is arguably the fastest-growing sector on the JSE, with about six new property funds having listed on the main board of the exchange in the past two years.