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Broll Retail Snapshot reveals top performing categories
©Michal Bednarek via 123RF
The Broll Retail Snapshot for Q1: 2017 indicates that while December was unsurprisingly the best month for retailers compared to November and January, consumers have become more cautious on spending. 22 May 2017
Extended shopping hours to the benefit of consumers and retailers
The competitive online retail environment has forced retailers to reassess many aspects of their business, including trading hours. This is according to Carel Fourie, CEO of Oryx Properties, a Namibian Stock Exchange-listed company that has 287 tenants in 25 properties in retail, industrial and office real estate. 12 May 2017
Image source: Atterbury
Image source: Atterbury
The 130,000m Mall of Africa in Midrand, the largest shopping centre ever to be built from scratch in SA, has exceeded trading expectations in its first year of operation, defying the sceptics who believed the mall would struggle given Gauteng's heavily traded retail landscape. 8 May 2017
Sea Point welcomes new indoor food, retail market
After eight months of construction, the Mojo Market opened on 27 April 2017, over 80 stalls occupy the 2 000 sqm space, which unites the roadside and passing pavement footfall with floor-to-ceiling views of the sea and palm-lined promenade of Sea Point's Regent Road. 8 May 2017
Positive investor sentiment in Mdantsane, as Wimpy commits to June opening
There is positive investor sentiment in East London's Mdantsane City Shopping Centre, where Wimpy will add to the growing list of brands opening at the centre in June this year. The centre already has its sister brand, Debonairs. 5 May 2017
Mall of Africa trades above expectations in year one
The Mall of Africa, the Attacq flagship shopping mall, celebrated its first birthday on 28 April 2017. Since opening day, it has posted sales of R3.4 billion for the 11 months of trading to March 2017 and has had over 13 million people in the same period. 2 May 2017
Picture:
One of SA's largest shopping centres, Mall of Africa, celebrated its first anniversary on Wednesday, saying its central position in Gauteng had boosted trade figures. 2 May 2017
Highcross, Leicester ©
Highcross, Leicester © Hammerson website
Hammerson, which is the largest property stock on the JSE, is considered by analysts as one of the most undervalued stocks with significant upside potential. 28 Apr 2017
Refurbishment project at the Wedge shopping centre
Refurbishment project at the Wedge shopping centre
The Wedge shopping centre in Morningside, Sandton, owned and developed by the Public Investment Corporation (Government Employees Pension Fund), is undergoing a refurbishment, which will be completed by December 2017. 25 Apr 2017
Kenilworth Racecourse Conservation Area ©
Kenilworth Racecourse Conservation Area © Wikimedia
The owners of Kenilworth Racecourse in Cape Town, home of the Met and the Queen's Plate, want to build up to 500 homes, a hotel and a restaurant on about 8ha of the property. 24 Apr 2017
New Alex Mall offers more than retail
©Richard de Gouveia
Johannesburg Mayor, Herman Mashaba, officially unveiled the Alex Mall the day before its public opening, noting that the mall is a “great stepping stone for Alexandra and the City of Johannesburg". 6 Apr 2017
Broll releases December 2016 retail trade results
Shopping centres within the Broll portfolio have released their December 2016 trading results, showing a year-on-year trading density growth increase, with the exception of community centres. 6 Apr 2017
Globally known brands a drawcard for malls
©radub85 via 123RF
Despite weak economic and retail sales growth, multinational retailers are hungry for space in SA's shopping malls. 29 Mar 2017
Atterbury's fourth retail development in Ghana opens in April
Atterbury's fourth successful retail development in Ghana, the US $95 million (R1.2 billion) Kumasi City Mall opens on 20 April 2017 in Kumasi. Its first trio of successful developments in the country is in Ghana's capital Accra - Accra Mall, Westhills Mall and Achimota Mall. 28 Mar 2017
Official opening of expanded Ballito Junction Mall
The Mayor Cllr Ricardo Mthembu and the Honourable Minister Ngoako Ramatlhodi have officially opened Ballito Junction Regional Mall in KwaZulu-Natal. The owners, professional team, local and provincial government officials and dignitaries, as well as thousands of shoppers attended the ribbon-cutting ceremony. 24 Mar 2017
Image source: Atterbury
Image source: Atterbury
The R5.1bn Mall of Africa, Attacq's single largest asset, has exceeded trading expectations in its first eight months despite what seems to be a waning appetite for retail therapy among consumers in general. 2 Mar 2017
Maerua Mall facelift adds new tenants
This year, Maerua Mall in Windhoek will undergo a complete facelift, bringing both its look and its offerings up to date, with added tenants such as the first John Dory's in Namibia, Queenspark, Cappellos and Checkers Liquor. 22 Feb 2017
Tenant mix contributes to retail success
©HelenOnline via 123RF
Getting the right tenant mix is at the top of the list of factors that contribute to the success or otherwise of a major shopping centre. 6 Feb 2017
Springs Mall plans grand opening for March
The R950 million Springs Mall will open on 16 March 2017 with special offers from among the 170 shops, restaurants and services, covering 48,000 sqm. Its anchor retailers are Woolworths, Checkers, Pick n Pay and Edgars. They will be joined by a comprehensive line-up of retail brands and concepts. 3 Feb 2017
Ballito Junction expansion offers more in mall dining, entertainment
The expansion of Ballito Junction Regional Mall will see the centre increase eightfold from 10,000sqm to 80,000sqm offering over 200 shops, restaurants and services. 23 Jan 2017
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