Rode Media

Category Retail

South Africa’s economic outlook sparks renewed optimism in retail

Following a challenging period for the commercial retail property market in South Africa, shifts in the country's economic outlook and improving consumer sentiment are buoying the local sector.Issues such as a lack of service delivery, energy and water constraints, meagre economic growth, constrained consumer spending and various external factors created a tough trading environment. In response, retailers and property companies in South Africa invested to create greater resilience by self-provisioning electricity through solar power, batteries and generators, and installed backup water tanks and pumps to minimise the impact of outages on trading

Exemplar’s acquires Eerste Rivier Mall

Exemplar REITail has taken transfer of Eerste Rivier Mall in the Western Cape with full asset management. The acquisition sees the expansion of Exemplar’s footprint to six provinces and 27 retail centres, with a further eight under the Group’s management.

Redefine unveils expanded Pan Africa Mall in Alexandra

Redefine Properties, in collaboration with Talis Property Fund, has proudly launched the expanded Pan Africa Mall in Alexandra. Its total gross lettable area (GLA) now exceeds 25,000 square meters. This significant development brings new opportunities for shoppers and businesses alike, cementing the mall's position as a vibrant retail hub.

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