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. “In the face of increased competition, shopping centre owners, developers, managers and retailers need to be alert to and agile in responding to the latest trends, consumer behaviour and technology in a fast-paced, ever

BEING HOLISTIC AND FLUID Shifting local and international approaches to lifestyle, health, wellness, environment, work and community living are increasingly dictating the need for Southern African shopping centres to adopt an integrated holistic and fluid strategy to drive performance. That’s according to the Clur Report of SA Retail Property which tracks shopping centre performance and trends for property funds owning 2.4 million square metres of physical retail space in SA and Namibia. Against a backdrop

Mixed-use real estate isn’t just taking South Africa by a storm. Developments that combine residential, retail, commercial and office spaces are becoming increasingly popular in the rest of the continent, and for all the right reasons. When it comes to economic growth, all eyes are on Africa. Data by the International Monetary Fund (IMF) for instance shows that this continent accounts for four of the world’s top five fastest-growing economies, namely Ghana (8.8% growth in