| ||04/07/2019 - 15:31|
The R155 million first phase of the new Sky City Mall, catering for the residents of Waterval, Palm Ridge, and Kathlehong some 35km south east of Johannesburg in Gauteng’s Ekurhuleni Metro, is trading well since opening its doors to scores of shoppers on 18 April. read more
| ||20/06/2019 - 13:50|
Boardwalk Mall will include the latest shopping and leisure trends. read more
| ||10/06/2019 - 15:48|
The much-anticipated R1.2 billion Capital Mall in Atteridgeville will go ahead despite efforts to halt its construction on the basis that it would “cannibalise” smaller shopping centres in the vicinity.
| ||29/05/2019 - 15:01|
Long-term exclusive lease agreements by SA's major supermarket chains at shopping centres are stopping new competitors from getting a foothold, the Competition Commission has found.
| ||27/05/2019 - 15:22|
Building contractors are on site at Paledi Mall in the rural Limpopo town of Mankweng, with construction underway on the 7000m² third phase expansion of the centre that will take it to 32,000m² in size. The project will entrench the mall’s position as a regional shopping centre for the community with several new stores, service offerings, and leisure spaces. read more
| ||02/05/2019 - 15:04|
Shopping centre owners, mall marketing departments and agencies take note: The South African Council of Shopping Centres’ (SACSC) has opened entries for its prestigious 2019 SACSC Footprint Marketing Awards. read more
| ||03/04/2019 - 09:53|
Competition in South Africa’s retail market is intense, with more than 25 million square metres of formal retail space currently, in excess of 2,000 existing shopping centres and close to three million square metres of formal retail space in the pipeline. read more
| ||07/03/2019 - 10:17|
A decade ago, just about any developer or listed property fund that owned a mall or built a new one, no matter how big or small, was virtually assured of making a packet. Back then, retail was still the most sought-after investment subsector of the SA real estate market and shopping centres comfortably outperformed offices, warehouses and factories on the total return front. read more
| ||01/03/2019 - 14:24|
Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer. read more
| ||26/02/2019 - 09:34|
UK and Europe shopping centre owner Hammerson’s dividend will not grow over the next two years while the company, the fourth-largest property group on the JSE, sells more than R9bn worth of its weaker UK and Irish assets.
| ||29/11/2018 - 09:50|
With the fast-approaching Festive Season only a few weeks away, malls, shopping centres and stores anticipate an influx of feet through their doors. Millions of Rands have been spent on extensive advertising, product placements, marketing and merchandising-just to name a few, but is that enough?
| ||19/10/2018 - 09:33|
The 2018 Footprint Marketing Award winners were announced on the second day of the South African Council of Shopping Centres (SACSC) Annual Congress, held at Durban’s International Convention Centre.
| ||18/10/2018 - 08:27|
The 2018 Retail, Design and Development Awards (RDDA) winners were announced on the opening day of the South African Council of Shopping Centres (SACSC) Annual Congress, held at Durban’s International Convention Centre. read more
| ||08/10/2018 - 11:13|
Winston Churchill once said: “We shape our buildings, thereafter they shape us.”
A simple yet profound statement as we start to see architecture design rapidly evolving to accommodate our needs as the human race. read more
| ||11/09/2018 - 14:39|
With competition for a share of consumers’ wallets becoming ever fiercer, retailers and retail property owners are going all out to attract shoppers. This has become crucial to their survival in an environment where consumer confidence and spending are hampered by a lacklustre economy.
| ||02/08/2018 - 09:26|
The benefits to property funds of diversified retail portfolios in the current market, in terms of shopping centre format, profile and geography, have again been reinforced by latest trading results, according to the Clur Report of SA Retail Property for May. read more
| ||01/08/2018 - 20:34|
Checkers opened the doors to its new store at The Square shopping centre in Ladysmith on Thursday, 26 July 2018, creating 115 new jobs. The store’s total staff complement of 139 includes 101 youth and 104 women. read more
| ||31/07/2018 - 11:19|
According to a recent study conducted by MSCI on behalf of the South African Council of Shopping Centres (SACSC), the current size of the South African retail market is estimated at around 23.4 million square metres (sqm) of gross lettable area (GLA) across 1959 individual shopping centres (as of July 2017). read more
| ||26/07/2018 - 12:06|
In recent weeks, there have many a number of accounts of explosive and incendiary (fire-starting) devices being reported at various shopping centres and retail stores across the country. Hoaxes or terrorist plots? The truth is unknown but it is no secret, malls and shopping centres across the country are being targeted by the criminal underworld. read more
| ||26/07/2018 - 10:58|
One of the most highly anticipated events on the South African shopping centre and retail calendar is fast approaching – the South African Council of Shopping Centres (SACSC) 22nd Annual Congress sponsored by Broll Property Group. read more
| ||29/06/2018 - 13:11|
Property sector stalwart Stephan Le Roux has been appointed as the new South African Council of Shopping Centres (SACSC) president. read more
| ||20/06/2018 - 10:40|
Despite a challenging economy and disruptions, townships have become hubs for big development in retail and brands. read more
| ||18/06/2018 - 08:39|
The partnership between Pick n Pay franchise co-owners Gary Williams and Julian Hobson 10 years ago at their store in Fish Hoek, Cape Town, has culminated in job creation of 90 new jobs at their new premises in Simon’s Town.
| ||07/06/2018 - 14:52|
According to the Clur Report of SA Retail Property, an industry barometer tracking performance at more than two million square metres of retail space in South Africa and Namibia, Sales per square metre in shopping centres - from large super-regional malls to neighbourhood 'locals' - continued to grow in March. read more
| ||28/05/2018 - 13:52|
Twelve million people spent nearly R2 billion at Ballito Junction Regional Mall during its first year. This iconic young shopping centre is already outperforming in its industry, market segment, and region, and has become a firm favourite in its immediate market and beyond. read more
| ||08/03/2018 - 13:36|
After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.
| ||01/02/2018 - 11:50|
Retailers and shopping centres throughout the country are reeling in from the challenging 2017 year. Despite this, retailers and shopping centres garnered support from consumers over the Festive Season. read more
| ||19/12/2017 - 10:52|
It is no secret, consumers are feeling the pinch. This year, has been an economic challenge of note. Retailers and shopping centres alike have faced obstacles unlike previous years but despite this, many have remained steadfast and continue to weather the storm. read more
| ||23/10/2014 - 10:27|
Johannesburg - The South African Council of Shopping Centres (SACSC), the Consumer Goods Council of South Africa, Business Against Crime South Africa, the South African Police Service (Saps), retailers and shopping centre owners and managers have formed an anti-crime collaborative forum to stem the recent spate of shopping centre robberies which have plagued Gauteng. read more
| ||25/09/2013 - 12:05|
Upmarket property manager, JHI Properties said the property market is performing well with very few vacancies available. read more
| ||03/05/2013 - 09:27|
The demand for retail space across remote towns in Eastern Cape such as Sterkspruit, Mthatha and Tsolo formerly known as the Transkei has accelerated, according to JHI Properties. read more
| ||05/03/2013 - 08:04|
Despite challenging economic conditions more shopping centres are expected to be built this year as retailers roll out new stores to increase their market share and commercial banks experience strong growth in loan demand from existing and new property clients. read more
| ||13/02/2013 - 09:08|
Effective marketing for a competitive shopper environment has recently emerged to reflect a change in how retailers understand and relate to the overall “path to purchase.” read more
| ||08/02/2013 - 08:45|
The focus of shopping centre development in metropolitan areas such as Johannesburg, Cape Town, eThekweni and Tshwane makes sense considering South Africa’s latest population statistics. read more
| ||24/01/2013 - 10:02|
Eleven properties previously owned by SA Corporate Real Estate Fund were snapped up by Fairvest Property Holdings Ltd for R326 million, revealing a welcome return of investor appetite for shopping centres within lower living standards measure (LSM) areas. read more
| ||06/11/2012 - 08:17|
With his enthusiasm for retail, immense experience and keen collaborative values, Marius Muller has been elected and appointed President of the South African Council of Shopping Centres (SACSC). read more
| ||20/06/2012 - 09:51|
SA IS experiencing a wave of new shopping-centre development across the country, supported by retail expansion and backing from banks and creating intense competition among shopping centres.
| ||29/05/2012 - 08:17|
Property developer Atterbury and financial services group Sanlam have acquired the 85 percent shareholding in the Accra Mall in Ghana from pan-emerging markets private equity firm Actis for an undisclosed amount.
| ||16/01/2012 - 08:16|
Annual growth in rentals is 5,5% for bigger malls such as Sandton City, 3,4% for smaller malls but rents move down at neighbourhood shopping centres read more