The Property Industry Group has announced an industry-wide assistance and relief package for retail tenants that are hardest hit by complying with South Africa’s lockdown in the face of the COVID-19 pandemic.

Leading property investor and developer Atterbury has been awarded the contract to develop a new distribution facility for Aramex South Africa in Richmond Park, Milnerton, Cape Town.

A R113m new convenience retail centre will open at Atterbury’s Richmond Park development, the site of the biggest land restitution in the Western Cape, in April 2020.

As lead developers, Moolman Group gave the landscape of shopping a complete overhaul with the redevelopment and expansion of Ferndale on Republic, previously known as Brightwater Commons, in Randburg.

JSE listed REIT Octodec Investments Limited, today announced its full year results, declaring a stable distribution of 200.9 cents per share, in line with guidance, and representing a marginal 1.2% decrease on the prior year against the prevailing poor economic and consumer environments.

Abland, one of South Africa’s leading property developers for over 30 years, together with its partners on the Irene Link development, Giflo and SOM will be breaking ground on the second phase of the commercial development at the Irene Link precinct in Pretoria, in October 2019. This 8,500m² commercial building will be ready for occupation in October 2020.

JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance.

Rustenburg shoppers can look forward to a brand new shopping centre – Rustenburg Mall – set to introduce its first phase in April 2021.

Shifting local and international approaches to lifestyle, health, wellness, environment, work and community living are increasingly dictating the need for Southern African shopping centres to adopt an integrated holistic and fluid strategy to drive performance. 

NEPI Rockcastle continues to leverage on its strengths and consolidate its position as the dominant, high-quality shopping centre owner with the most robust management platform in Europe’s highest growth region.