Since the 50,000sqm regional Thavhani Mall in Thohoyandou, Limpopo, opened its doors late last August, millions of shoppers have visited the mall. Based on their shopping habits and preferences the mall is adding three exciting restaurant brands to its mix.
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.
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.
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.
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