After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.

Hyprop holds steady with sold interim growth

France’s Unibail-Rodamco is Europe’s largest commercial landlord and is now expected to become the world’s largest shopping centre operator with its bid to buy Australian-listed retail property empire Westfields.

We live in a time where the customer is bombarded with a plethora of choices-where to shop, how to shop, how to pay and which brand to support - to name just a few.

In his Budget Speech 2018, Finance Minister Malusi Gigaba used Bridge City as an example of a successful public-private partnership which is leading to social and economic transformation.

It is no secret, consumers are feeling the pinch.

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.