Abland is pleased to announce the completion and opening of Soshanguve South View Shopping Centre together with its partners; Melana Developments and Fairvest Property Fund.
Ballito Junction Regional Mall has taken top honours for retail development in the South African Property Owners Association (SAPOA) Awards 2018.
Sales per square metre in shopping centres - from large super regional malls to neighbourhood 'locals' - continued to grow in March, according to the Clur Report of SA Retail Property, an industry barometer tracking performance at more than two million square metres of retail space in South Africa and Namibia.
Twelve million people spent nearly R2 billion at Ballito Junction Regional Mall during its first year.
Recent tight economic times have seen certain big retail centres experience a reduction in rentals, turn-over and profits.
The 2018 SACSC Retail, Design and Development Awards (RDDA) as well as the SACSC Footprint Marketing Awards have officially opened for entries.
Vukile Property Fund has acquired its first shopping centre in Spain, Habaneras Shopping Centre in the popular coastal city of Torrevieja, through its 98.7%-owned Spanish REIT subsidiary Castellana Properties SOCIMI S.A.