[ad_1] National chains are accelerating their exit from malls for other types of retail locations, signaling more trouble for malls as consumers show a growing preference for shorter, more convenient…
Tag: malls
2 Major new shopping malls coming to South Africa in 2024
[ad_1] Gauteng is South Africa’s mall capital, and two developments are currently set to open this year. Although Gauteng is the smallest province in the country and houses 27% of…
Trouble for big shopping malls in South Africa
[ad_1] South Africa’s property market is facing a challenging time, with shopping centres struggling amid declining sales. According to Rode’s latest capitalization (cap) rate survey for Q4 2023, South Africa’s…
Hong Kong shopping malls shun one-size-fits-all strategy over Christmas holiday
[ad_1] “The market situation has indeed changed a lot after the epidemic, and shopping malls must be more flexible and actively expand their customer base,” she said on Friday. Maureen…
Massive changes for shopping malls in South Africa – deadline set for Spar, Pick n Pay and Shoprite to end exclusivity agreements
[ad_1] The Competition Tribunal has confirmed, as an order, a consent agreement between the Competition Commission and the Spar Group aimed at ending long-term exclusive lease agreements in the grocery…
The 5 most popular shopping malls in South Africa in 2023
[ad_1] Lightstone recently published its latest property newsletter for December 2023, revealing the five most popular malls by foot traffic in South Africa – four of which are in Gauteng.…
Bad news for shopping malls in South Africa
[ad_1] New data shows that cash-trapped South Africans will be conscious of what they spend their money on, with many saying they intend to cut back on non-essential spending as…
The goldmine for shopping malls in South Africa
[ad_1] Despite the challenging economic climate, South Africans are spending big money on luxury items, outperforming all other retail segments. The inaugural Clur Luxury Brands Index – part of the…
More major shopping malls up for sale in South Africa – worth hundreds of millions
[ad_1] Several real estate investment assets, including malls and major shopping malls, worth hundreds of millions of rands will go on auction later this month. An auction at the Bryanston…
Big changes for shopping malls in South Africa
[ad_1] The Broll property group says that shopping malls in South Africa are changing tack, with small and medium-size retail centres on the rise and stores themselves looking at new…