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Commercial Property News

Bilingual websites for SA shopping malls promote inclusivity
South African property development and services company, Eris Property Group, has launched bilingual websites and chatbots for The Mall, KWT and Plattekloof Shopping Centre. 14 Oct 2020
Fast-tracking the future of shopping malls
Has the time finally dawned on us? Is the long-imagined retail apocalypse on our doorstep? If you have entered a shopping mall recently, you might begin to think so. Perspex barriers, mask-clad customers and social distancing demarcations have become the norm while the evident fall in foot traffic has retailers across the country fearing for the worst. 8 Sep 2020
SA's major clothing retailers offer to pay 20% of rentals during lockdown
Some of SA's largest clothing retailers - TFG, Truworths, Mr Price Group, Woolworths and Pepkor - have collectively offered to contribute R220m to landlords for rental and other costs during the Covid-19 lockdown. 14 Apr 2020
Covid-19: Block exemption regulations for shopping mall tenants and landlords
On Tuesday, 24 March 2020, the SA government, in response to the Covid-19 pandemic, gazetted special regulations titled Covid-19 Block Exemption for the Retail Property Sector, 2020', which encourages retail tenants and retail tenants who are competitors to meet with shopping mall owners and reach agreements aimed at addressing matters such as payment holidays, rental discounts and limitations on the possibility of being evicted. 2 Apr 2020
Covid-19 and competition law: clothes, coffee shops, care services and more
Businesses are facing uncertainty worldwide as a result of the Covid-19 pandemic. Their rights and obligations have come into question, with competition authorities worldwide moving swiftly to provide clarity and guidance. 31 Mar 2020
Brightwater Commons officially reintroduced as Ferndale on Republic
Following the Moolman Group's recent redevelopment, the Randburg community has been reintroduced to Brightwater Commons as Ferndale on Republic, officially launched on 6 December. 12 Dec 2019
6 trends shaping the shopping mall experience
A decade ago, building a profitable mall was simple. If you got the location, size, layout, parking and access routes right, you had retailers and shoppers in the bag. But technology and rising living costs are evolving consumer behaviour in South Africa. 23 Oct 2019
Inside Sandton City's new Baby Care Lounge
Visitors to Sandton City now have access to a baby care lounge, an inviting space exclusively designed to cater to the needs of those with babies and toddlers. 17 Oct 2019
Little conceptualises Air, a portable popup park tying retail to 'happenings'
Every town has a dying commercial power centre or a regional mall with vacancies caused by departing anchor tenants. Every city has abandoned urban properties - once active sites begging for redevelopment, but rendered irrelevant as development interests shifted. In both instances, a lack of a sense of place and purpose results. 9 Oct 2019
Canal Walk home to new flagship, concept stores
Canal Walk Shopping Centre is welcoming a host of new flagship and concept stores this year. The shopping mall is now home to the largest iStore in Africa. The first and only concept store of its kind on the African continent opened its doors on 10 August, and offers customers while-you-wait repairs for iPhone and other products. 11 Sep 2019
Morningside Shopping Centre's retail refresh
Morningside Shopping Centre in Sandton is shaking up almost one-third of its retail and restaurant mix with the introduction of new brands. 16 Aug 2019
New additions to KZN's Ballito Junction shopping mall
KwaZulu-Natal's Ballito Junction Regional Mall, which opened in March 2017, is welcoming a host of new brands into its 80,000sqm retail space this year. 16 Jul 2019
EPP CEO questions environmental toll of e-commerce
While there is a giant push to reduce the use of plastics, and especially non-biodegradable plastic shopping bags and straws, Hadley Dean, CEO of JSE-listed EPP, suggests taking another step too: stop shopping online. 15 May 2019
2019 Retail Design and Development Awards open for entries
Entries are now open for this year's South African Council of Shopping Centres' (SACSC) Retail Design and Development Awards 2019. SACSC is calling on shopping centre developers, owners and retailers to submit entries for the awards, which aims to identify and award exceptional shopping centre developments and retail store design within the South African property industry. 13 May 2019
Ratanga returns in R57m Canal Walk upgrade
Hyprop Investments-owned Canal Walk Shopping Centre is set to undergo a multi-million-rand renovation, which will see a revamp of its food court and the inclusion of a new attraction, The Ratanga Family Entertainment Centre. According to the centre, the renovation is driven by global trends, an increased demand for food experiences and a focus on family entertainment. 18 Apr 2019
Image supplied.
Image supplied.
Showcasing a resurgence in the Côte d'Ivoire economy, the opening of the nation's most extensive shopping mall is transforming lives in the commercial capital Abidjan. 24 Dec 2018
#SACSCCongress2018: Retail, Design and Development Awards winners revealed
The South African Council of Shopping Centres (SACSC) announced the winners of the 2018 Retail, Design and Development Awards (RDDA) on the opening day of its Annual Congress, held at Durban's International Convention Centre this year. 18 Oct 2018
Five S-words to make your store site pay for itself
© bacho12345 via 123RF.com.
The combination of continuing trading uncertainty in South Africa and the new financial year for many businesses are adding up to widespread, careful reviewing of costs, including leases on premises. Choosing a site to set up or relocate your business can be just as stressful as deciding where to buy a house - and just as fundamental to its health, finances and sustainability. 24 Jul 2018
Maponya Mall
Maponya Mall
Despite the challenging economy, South African townships have become hubs for big brand developments in retail. According to Lemok Group founder and chief executive officer Lebogang Mokubela, the township retail market is a force of its own and should not be overlooked or underestimated. 21 Jun 2018
The shopping centre is dead. Long live the shopping centre.
Every year nine million people view the Mona Lisa. People still flock to live events at stadiums. Why; when they can see it on video, in HD and 3D and AR, etc. "Technology is always with us, but despite this we still want to go to shopping centres, stadiums, we still want to touch and feel ... even kiss," says Andy Stalman. 12 Jun 2018
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