Retail Property challenges are partly about technological advances. But they’re also very much about old fashioned fundamentals…including a big affordability challenge

With experiential retail being one of the hottest trends in the retail and shopping centre industry right now, the South African Council of Shopping Centres (SACSC) commissioned a research report to get insight into the growth of experiential retail in the local mall marketplace.

As suburbs grow we often see large shopping malls being built within close proximity to smaller community retail centres.

Africa Logistics Properties has today launched its first 49,000 sqm of modern grade –A warehousing at ALP North Industrial Park with 75 per cent of the facility pre-leased at a time when other segments of the commercial, retail and residential real estate market are struggling to achieve total occupancy of 75 per cent.

The township retail and shopping centre market in South Africa is growing at a rapid pace.

Recent tight economic times have seen certain big retail centres experience a reduction in rentals, turn-over and profits.

London United Kingdom, JSE AltX and Mauritius listed Real Estate Investment Trust (REIT) New Frontier Properties today announced that on 26 April 2018, fashion retailer H&M opened a 20,000 sq ft store in Underhill Walk at its Coopers Square Shopping Centre in Burton upon Trent.

When online shopping started to take off there was much speculation that this would be the beginning of the end for retail centres.

Keeping up with current shopping centre trends, retail formats that erode traffic or simply, a strategic need to expand or improve certain aspects of a shopping centre are some of reasons why refurbishments are done.

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