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Attacq plants the seeds for a sustainable future with the Green Seeds Competition

February 4 2025 09:30 JSE-listed Attacq has launched the inaugural Green Seeds Competition. Attacq said this initiative reflects the company’s “dedication to embedding sustainability and social impact into the core of its business principles, highlighting its purpose driven approach to Environmental, Social, and Governance (ESG) strategies”. In partnership with Property Point, the Green Seeds Competition […]

Vukile enjoys improving performance in 2024 festive season

January 27 2025 19:45 Vukile Property Fund CEO Laurence Rapp JSE-listed Vukile Property Fund saw its South African and Iberian retail property portfolios deliver “impressive increases in performance in November and December 2024”, signalling a “successful Black Friday and holiday trading period”, according to the group. “The robust trade of our assets and the vibrant […]

Exemplar’s December retail trade exceeds expectations

January 24 18:33 With the 2024 Festive Season behind us and Back-to-School season well underway, Exemplar REITail’s retail portfolio continues to outperform, the group said. Exemplar manages a portfolio of 36 assets, valued at R13,2 billion. Of the 36 assets, Exemplar owns 27, valued at R9.07bn. “The 2024 festive period exceeded our expectations, with the […]

Store manager at Festival Mall stabbed after refusing to exchange goods

January 19 2024 12:15 A 44-year-old man was arrested at Growthpoint Properties’ Festival Mall in Kempton Park, Gauteng on Friday January 17, following a stabbing at an unnamed store. According to an article published by Kempton Express, Kempton Park SAPS spokesperson Sergeant Dipuo Ditshego said a woman visited the store to exchange clothing but could not […]

Nespresso comes to Nelson Mandela Square in Sandton

Wednesday January 15 2025 14:15 Nespresso has launched the Unforgettable Mediterranean Summer collection which includes iced coffee drinks which include limited-edition flavours, a Vertuo Pop machine, and accessories. The collection has been designed in a mood-boosting colour palette selected in collaboration with Pantone. For those who don’t know: The Pantone company created its name by combining the word “Pan” (meaning All) […]

Somerset Mall Embarks on a multi-million Rand expansion project

January 8 2024 14:30 SOUTH AFRICA Hyprop Investments, the retail specialist landlord has announced a large expansion to its Somerset Mall, the largest shopping destination in the Helderberg region of the Western Cape. Hyprop’s CEO Morné Wilken last year said the group was more likely to invest in the Western Cape in the coming years […]

Redefine says retail trading conditions are flying as people shop for groceries

December 17 2024 12:30 Centurion Mall SOUTH AFRICA Redefine Properties (JSE: RDF), one of South Africa’s largest real-estate investment trusts (Reit), said there has been an improvement in trading conditions in South Africa’s retail sector going into the 2024 holiday season. With positive trends in retail sales, rental renewal rates and visitor foot count, the […]

Another Brick in the Wall wanders into Eastgate Shopping Centre

December 13 10:00 SOUTH AFRICA Eastgate Shopping Centre is one of the oldest retail complexes in South Africa. It has been energised in recent years by Liberty Two Degrees’ talented team. Property Flash‘s Alistair Anderson and Classic Business’s Michael Avery sat down with Saadiyah Kahn and kicked the bricks for our latest episode of Another […]

The South African commercial real estate market has surged to nearly R2-trillion

December 6 2024 10:45 Despite the Covid-19 pandemic, inflation-fighting interest rates and slow economic growth, South Africa boasts the largest commercial real estate (CRE) industry in Africa. If recent reforms persist, interest rates continue to lower and key metros stabilise, a long-awaited commercial property boom could follow. According to Gmaven, a provider of real estate […]

The changing face of fast-food retail in South Africa

December 3 2024 14:15 SOUTH AFRICA Dark kitchens, also known as “Ghost Kitchens” or “Cloud Kitchens,” were born to fill a severe gap during the pandemic. When we were encouraged to stay away from one another, the idea of ordering food and groceries via an app took off with a bang. The likes of Checkers60, […]