The R155 million first phase of the new Sky City Mall, catering for the residents of Waterval, Palm Ridge and Kathlehong some 35km south east of Johannesburg in Gauteng’s Ekurhuleni Metro, is trading well since opening its doors to scores of shoppers on 18 April.

Broll Property Group, the largest independently owned Pan-African commercial property services company, has entered into an exclusive affiliate arrangement with Cushman & Wakefield, a leading global real estate services company.

Interim results for the six months ended 28 February 2019 strong, operational metrics despite headwinds.

JSE specialist shopping centre REIT, Hyprop, will continue to invest in ongoing organic growth through further development of its local centres in order to capitalise on global retail and consumer trends.

Wednesday, 03 April 2019 13:19

Hyprop raises R4 billion in three months

Hyprop CEO, Morne Wilken, says the group had been confident from the outset of successfully raising or refinancing the R5 billion referenced by Moody’s.

As suburbs grow we often see large shopping malls being built within close proximity to smaller community retail centres.

Many point to online retail as a key challenge to the Retail Property Sector, and no doubt it is one of the challenges, as technology marches forth.

JSE specialist shopping centre REIT, Hyprop, grew distributable income 6% on this time last year, resulting in 2.5% dividend growth for the six months to December 2018 (the period).

Friday, 23 November 2018 13:44

Redefine’s Southcoast Mall Voted The Best

JSE-listed diversified real estate investment trust Redefine Properties’ Southcoast Mall has been voted as the “Best Of South Coast”  in the shopping centre category at the South Coast Herald Readers’ Choice Awards.

JSE-listed REIT Safari Investments RSA Limited today posted strong results for the interim period ending 30 September 2018. 

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