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After the very successful opening of Steilloop Shopping centre in November 2016 GMI Property group started the construction of Tibani Shopping Centre in October 2017, to open in August 2018.
Despite the difficult economic climate South Africa is experiencing at present, Fairvest Property Holdings Limited managed to conclude some 30 lease renewals, or 6 000m² of GLA during the first four months of the new financial year at the budgeted rentals.
The 18,000m2 Mall@Mfula, in Piet Retief, Mpumalanga, celebrates its 1st birthday this month.
The 14,000m2 Mall@Moutsiya, which opened in August 2016, will benefit from the addition of the new Engen petrol station on the corner of its property that will stream petrol by December 2017.
Intu Properties PLC (‘intu’) and LaSalle Investment Management (‘LaSalle’) acting on behalf of Greater Manchester Pension Fund and West Yorkshire Pension Fund are forming a partnership to jointly own intu Chapelfield shopping centre in Norwich.
GMI Property Group (GMI), in collaboration with Cosmopolitan Projects are pleased to announce the realisation of Sky City Mall as an exciting retail venture within the Sky City development.
GMI Property Group is a Pretoria based development company that specializes in Rural Retail developments.
Customers now have the pleasure of choosing between an array of conveniently positioned shopping centres with a vast variety of brands which cater for their every need.
Property, whether directly held or listed, was the darling of South African investors over the past decade and longer.
JSE specialist shopping centre REIT, Hyprop Investments (“Hyprop”), continued meeting strong distribution growth forecasts despite a tough economy, with a total dividend of 695,1 cents per share for the year to June 2017, up 12,1% on the prior year.