UK-based Hystead Limited (Hystead), co-owned by Hyprop Investments Limited (Hyprop) and PDI Investment Holdings Limited (PDI), today announced the Euro 156 million acquisition by its subsidiary Balkan Retail NV of all the shares in Bulgarian company AP Retail I EOOD (AP Retail), which owns The Mall shopping centre located in Sofia, Bulgaria’s capital city.

The USD95 million Kumasi City Mall developed by leading South African property development and investment company Atterbury has opened to become Atterbury’s fourth retail development in Ghana.

Hyprop Investment Limited’s Gauteng-based regional shopping centre, Clearwater Mall, has added additional solar photovoltaic (PV) to their roof.

Welcome to the age of the chameleon shopping centre. It’s one of the themes in the current retail environment, according to indicators emerging from research covering the assets of top South African property funds.

Tuesday, 09 May 2017 12:08

Consumer aspirations affect retail

The concept of ‘aspirations’ is not easily defined as each person has their own definition and understanding of the term.

Thursday, 20 April 2017 10:45

MAS Real Estate expands into Bulgaria

MAS Real Estate Inc. (“MAS”), a commercial property investor, developer and operator listed on the JSE and Bourse de Luxembourg, today announced the acquisition of two shopping malls in Bulgaria, for €62million.

Wednesday, 05 April 2017 13:30

Kenya’s changing retail landscape

Over the last two years, Kenya’s retail market has seen the opening of new shopping centres countrywide taking the retail GLA across the country to just over 760,000m2.

It was an evening of glitz, glamour and achievement as the 2016 Certificate of Shopping Centre Management (CSCM) and Advanced Certificate of Shopping Centre Leadership (ACSCL) students gathered to celebrate their success at the CSIR International Convention Centre in Pretoria recently.

Bespoke Constantia estate offers contemporary living for discerning homeowners.

Tuesday, 04 April 2017 13:40

Best and worst centre performers

Shopping centres within the South African Broll portfolio generally experienced an increase in year-on-year (y/y) trading density growth in December 2016 with the exception of community centres, according to the Broll Retail Snapshot Q4: 2016 report.

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