Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has begun executing on its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

McCormick Property Development celebrated the launch of its 66th development with the opening of Katale Square this week.

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.

Abland is pleased to announce the completion and opening of Soshanguve South View Shopping Centre together with its partners; Melana Developments and Fairvest Property Fund.

Fairvest Property Holdings has entered into an agreement with Vilhas Property CC to acquire the Shoprite Heidelberg shopping centre rental enterprise as a going concern for R54 954 500.

Massmart added its voice to the growing calls for the end to lease exclusivity clauses by filing a formal complaint with the Competition Commission.

Pick n Pay intends to aggressively step up efforts to stop Massmart from expanding its food offering in Game stores across SA.

McCormick Property Development have laid the foundation for their journey into Africa with the commencement of construction of their first development in the Tete province of Mozambique.

Ground has been broken at the much anticipated Leratong City Mall in Mogale City on the West Rand.

Competition Commission confirms that it has concluded its investigation into long-term supermarket lease agreements and their anti-competitive effects.

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