Commercial Property

Your industry

Subscribe to industry newsletters

The Eastern Cape's Lusiki Plaza opens

McCormick Property Development's Lusiki Plaza in Lusikisiki in the Eastern Cape opened for business last week. The plaza brings more than 14,400m² of shopping to the local population, which previously had to travel into town to shop.

29 Jun 2015 14:00

Mthatha mall just the start for Billion Group

Developer Billion Group said yesterday its R1.4bn BT Ngebs City mall in Mthatha, Eastern Cape had opened...

26 Jun 2015 12:40

Safari builds a desirable asset portfolio

Safari Investments, which focuses on township shopping malls, yesterday reported it grew its assets 31% from R1.3bn since listing in April last year to R1.7bn at the end of March...

26 Jun 2015 11:00

SA likely to continue to gain from retail growth

A recent research report by JLL South Africa outlines the investment value of the South African real estate investment trusts (REITs)...

26 Jun 2015 06:55

Investment boosts Emira's portfolio and retail exposure

JSE-listed Emira Property Fund has invested approximately R135m in strategic acquisitions, redevelopments and expansions to its properties, which increase both the quality of its portfolio and its exposure to the retail sector...

26 Jun 2015 06:27

Menlyn Park Shopping Centre opens

Menlyn Park Shopping Centre has opened a 20,000m² semi-open-plan, double-volume public mall featuring the latest store designs for anchor tenants Checkers Hyper, Food Lovers Market, New World Discount Stores and Pick n Pay...

25 Jun 2015 09:15

Mall of Africa on schedule to open in April 2016

Construction work on the 131,000m² Mall of Africa development in Waterfall City in Midrand is on schedule for the official opening in April 2016...

25 Jun 2015 06:48

East Point shopping centre to be revamped

Located in Boksburg east of Johannesburg, East Rand Galleria Shopping Centre will be revamped at a cost of R420m and renamed East Point as it enters a new era of shopping...

24 Jun 2015 06:26

Supersized Fourways Mall will take on Sandton City

Accelerate Property Fund and its development partner, Fourways Precinct, plan to turn the Fourways shopping centre into a super-regional centre of 170,000m², adding a further 90,000m² of new space in a major expansion...

23 Jun 2015 14:40

Intu announces margin reduction and extension to term loan

Intu Properties, formerly named Capital Shopping Centres, announced on Monday a margin reduction and extension to the £352 million term loan within its secured group structure...

23 Jun 2015 07:45

Rosebank centre gets shot in the arm

The Zone @ Rosebank shopping centre is set to undergo an extensive redevelopment to the value of about R500m, its biggest revamp since it was built in the 1990s...

By Alistair Anderson 19 Jun 2015 11:55

Metro sells Kaufhof stores to Hudson's Bay for USD3.2bn

FRANKFURT: German retail and distribution giant Metro said Monday it has agreed to sell its Kaufhof department store chain to Canadian group Hudson's Bay for 2.825 billion euros ($3.2 billion)...

17 Jun 2015 11:00

Menlyn Maine's Central Square will be a vibrant new R1.8bn public piazza

Central Square - the new R1.8 billion mixed-use development within the multi-billion rand Menlyn Maine green city mega project in Pretoria - is set to become an all-new public space in the capital boasting a vibrant piazza, niche shopping, top-end restaurants, pampering outlets, a hotel and commercial offices...

15 Jun 2015 10:55

Tenants and landlords in retail: rights and obligations

With careful consideration of the risks and economic pressures, it is an opportune time for potential business owners and entrepreneurs to enter the retail market...

15 Jun 2015 10:30

Show more
No jobs found