The humble convenience centre, mostly nestled in midst of the rows of houses in burgeoning suburbs has emerged as the most resilient format in an industry that went through a collective event without precedent in modern retail.

The weeks that followed the hard lockdown at the end of March have been inconceivable for retailers.

The JSE-listed diversified real estate investment trust Redefine Properties today announced the completion of the comprehensive R1.06 billion refurbishment of its retail property in Centurion CBD.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

JSE listed diversified Redefine Properties (JSE:RDF) has finalised leases with two international big box retailers set to debut at its centres later this year.

Listed diversified real estate investment trust Redefine Properties (JSE: RDF) has appointed Nashil Chotoki as the National Asset Manager for Retail.

Most Popular

November non-residential building statistics release could point to weakening in commercial space building activity in 2022.

Jan 24, 2022
John_LoosFNB
The StatsSA November 2021 release of non-residential building plans pointed to early…

Vantage Capital arranges R430 million of mezzanine funding for Collins Residential, one of South Africa’s largest residential developers

Jan 24, 2022
Murray-Collins-1024x684
Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager,…

SARB to hike the repo rate at the next MPC meeting

Jan 24, 2022
Lesetja_Kganyago (1)
The SARB’s Monetary Policy Committee is set to increase the repo rate this week,…

November 2021 Hotel Accommodation Statistics

Jan 24, 2022
John_LoosFNB
November hotel revenues - strong year-on-year growth off a low 2020 base, but still far…

Banks’ appetite for home loans to remain robust in 2022

Jan 20, 2022
Rhys_Dyer_Ooba (1)
According to statistics from ooba, South Africa’s foremost home loan comparison service,…

Please publish modules in offcanvas position.