Developed by leading South African property and development company Atterbury, The Club Shopping centre will officially open its doors on 24 April 2014.

Aucor Property has announced that its next Johannesburg multiple commercial auction event will take place on the 13 March 2014 at 12h00 at the Maslow Hotel in Sandton.


The South African Council of Shopping Centres (SACSC) will host its fourth annual Research Conference, sponsored by Broll Property Group, for retail real estate professionals and retailers seeking to keep ahead with the latest retail trends.

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

While Woolworths has canned its three-store pilot project in Nigeria, citing a mismatch with the Nigerian consumer and climate, Broll Nigeria says this need not deter South African retailers from profiting in the country.

Wednesday, 28 November 2012 13:28

Nedbank Backs Largest Mall In Lesotho

Nedbank has provided a syndicated development facility and long term debt funding of R181 million for a major 32,000m² retail centre that launches in Lesotho’s capital, Maseru, today. The approximately R430 million mall is funded through a combination of equity and bank debt.

Norwood Mall’s new tenant mix, including anchor tenants Pick n Pay, Woolworths, Dis-Chem and, latest addition, Food Lover’s Market, has created one of the most commanding retail attractions for a centre of its size.

Food Lover’s Market opened last month in a 1,800sqm store in the reconfigured Norwood Mall, which also created excellent customer access and flows for the mall and its new extension.

Norwood Mall is owned by SA property investment company Cavaleros Group. Its new tenant mix creates an unparalleled 32,344sqm of everyday shopping across its four anchor tenants, complemented by an exciting selection of fashion, restaurants and other shopping in the centre.

Elsabe Griesel, portfolio manager for Norwood Mall owners, The Cavaleros Group says: “Building on an excellent foundation, the reconfiguration brings our customers more of what they want, under one roof. Almost 80% of Norwood Mall’s customers visit the mall for food and groceries. This investment has strengthened the mall’s shopping variety and retail mix to meet these shopping needs.”

Proving the power of its pull, Norwood Mall Pick n Pay is among the top five performing Pick n Pay stores in SA, with one of the highest turnovers in the country.

Neal Quirk, Operations Director for Pick n Pay says: “Norwood Mall developed from the solid foundation of a Pick n Pay centre. As the Norwood Pick n Pay store has evolved over the years to meet our customers’ changing needs and give our shoppers the best retail experience and products, so Norwood Mall has also been inspired to expand and improve to remain fresh and relevant to customers.”

Norwood Mall’s appeal is defined by the strength of its retailers, convenience and unparalleled choice of everyday shopping, combined with its sophisticated, casual environment.

In fact, research shows that Norwood Mall enjoys unbeatable shopper loyalty from its mainly middle- to upper-income customers. 90% of Norwood Mall’s customers shop at the centre every day or every week.

Matt Keogh, Group Retail Operations Director at Woolworths says: “With contemporary retail design, excellent levels of service and the quality of food, clothing and homewear – our Norwood Mall store offers our customers the shopping experience that they have come to expect from Woolworths.”

“In the foodmarket we’re delighted to be able to offer the entire family a wide range of the freshest produce, delicious meats as well as all the extras you need to be your own ‘Masterchef’ at home. Our tasty ready-made meals are also on hand for those who need the convenience. And when it comes to household necessities like washing powder, not only do we have a range of Woolworths own-brand products, we also offer some of South Africa’s favourite brands,” says Keogh. “Woolworths Norwood Mall customers can also count on our store for a carefully edited selection of quality, easy to care for fashion for women, men and children.”

Complementing and enhancing the overall shopping experience, the stylish and modern Food Lover’s Market food emporium at Norwood Mall, is an ideal match for customers.

As part of the reconfiguration, five retailers revealed new-look stores at Norwood Mall, all in new positions in the shopping centre. Mr Price Home, Rage, Crazy Store, Bata and Step Ahead are trading from new stores as part of an innovative reconfiguration that will give Norwood Mall shoppers better access, easy flows and even more variety.

The result of the new tenant mix is a shopping centre which maximises its potential and delivers exactly what its customers want.
Griesel says: “The positive results of the extension, reconfiguration and retail mix refresh are already obvious. It’s been exciting and rewarding working with our retailers to create an exceptional shopping experience for our customers.”

West property, Augur Investments and McCormick Property Development, are dreaming of building a 68, 000sqm Shopping Mall in Zimbabwe located in Harare’s up market Borrowdale suburb. According to The Zimbabwean online (UK), this represents the biggest shopping mall in Africa, outside South Africa. The tri-partite investment partners say they used their 'gut feelings' and ocal knowledge in deciding to sink their money into Zimbabwe. That's pretty gutsy indeed!

Woolworths which shares details of how local South African suppliers that form part of the company's enterprise development (ED) programme are benefitting from the company's expansion into Africa. One family-owned business in particular, Stuart's Joinery, has been appointed as the preferred shopfitting supplier for Woolworths' African stores. In addition, they are a strong case study of how enterprise development programmes benefit retail supply chains in the long-run

Monday, 21 April 2008 02:00

ApexHi to upgrade properties

APEXHI Properties will spend R1bn between now and next year to refurbish its properties.

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