Commercial Property News South Africa

Mpumalanga mall outgrows original plan

The larger development size of Middleburg Mall, substantially increased from the initially announced 34,000sqm to 41,000sqm, follows confirmation from Edcon that Edgars, Jet, Legit and CNA will be joining the tenant mix of some 90 retailers. It is scheduled for opening on 19 April 2012.
Mpumalanga mall outgrows original plan

Already some 90% let, leading South African retail centre developers and investors Flanagan & Gerard Property Development & Investment and Moolman Group are driving the development, which is set to provide a comprehensive retail offering to the fast-growing and increasingly affluent population of Middelburg and its surrounds.

It has a strong base of national retailers, including food anchors tenants Checkers, Woolworths and Pick n Pay as well as Game and major South African banks Standard Bank, Old Mutual Bank, African Bank, Capitec Bank and Nedbank.

"We are pleased to report retailer support for the mall," says Patrick Flanagan of Flanagan & Gerard. "The project is on schedule and we are looking forward to bringing a full retail experience and an overall offering to shoppers, all in a vibrant, quality, contemporary centre, when it opens."

Jannie Moolman of the Moolman Group explains that the mall was designed to accommodate future expansion in anticipation of growing shopper and retailer demand. "This allowed for the increased size of the development to accommodate the Edcon brands," points out Moolman. "Its expansion potential could result in the mall ultimately growing to in excess of 50,000sqm."

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