Retail cannibalisation is becoming a growing reality in South Africa and, until now, it has been all too easy to place the blame for this squarely at the feet of shopping centre developers.

The Build It construction project at Bothasig Mall has been accompanied by several other improvements to the shopping centre.

Listed retailer Spar Group has joined the foray into the forecourt stores business with the opening of its first Spar Express store in Germiston on Wednesday.

Synergy Income Fund today reported its first condensed annual results, achieving distributions in line with its pre-listing projections and delivering 218% growth in its assets for the six-month trading period ended 30 June 2012

Plans to list South Africa’s first dedicated convenience retail property fund on the JSE Securities Exchange are on track for mid-December following the bourse’s approval