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.

JSE specialist shopping centre REIT, Hyprop, today announced the results of a successful bookbuild which was 2.4 times oversubscribed, raising R782.6 million.

Emira Property Fund today announced it has invested in its fourth shopping centre in the USA, growing its exposure in the biggest market in the Western world and progressing its international investment strategy.

Mall of Africa, is celebrating its second year of sensational success. This splendid super-regional shopping centre first opened on 28 April 2016, and has grown in popularity, performance and profile since then.

Keeping up with current shopping centre trends, retail formats that erode traffic or simply, a strategic need to expand or improve certain aspects of a shopping centre are some of reasons why refurbishments are done.

An Eco-fashionable food court for Sandton City another sustainable refurbishment project for South Africa’s premier shopping centre.

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