JSE specialist shopping centre REIT, Hyprop, reported strong double-digit growth in distributions for the six months to December 2016 (the period) off the back of a solid performance from the South African shopping centres, supported by the inclusion of distributable income from the newly-acquired South-Eastern European portfolio.
Fairvest Property Holdings Limited (“Fairvest”) today announced another set of strong results for the first six months of the 2017 financial year, with distributions increasing by 9.57% year-on-year.
Gustav Voigts shopping centre in Namibia’s capital city of Windhoek is to undergo a multimillion-dollar phased refurbishment starting this year.
Maerua Mall, established in 1990, is Windhoek’s original shopping centre. Located close to the heart of Namibia’s capital city and bordering the eastern suburbs, it welcomes over nine million shoppers every year.
Maerua Mall, established in 1990, is Windhoek’s original shopping centre. Located close to the heart of Namibia’s capital city and bordering the eastern suburbs, it welcomes over nine million shoppers every year.
There are many factors that contribute to the success – or otherwise – of a shopping centre, and getting the right tenant mix is right up there at the top of the list.
Echo Polska Properties NV (EPP) today announced the conclusion of a preliminary agreement to acquire four retail assets located across Poland from real estate funds managed by Blackstone.
Retail Sales growth tends to be more cyclical than overall economic growth, outperforming the latter in good times, but often underperforming economic growth in tougher times.
SA’s listed property sector continues to feed investor appetite, having raised about R153bn in the past six years.
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