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The coming shopping centre ecosystem apocalypse
The coming shopping centre ecosystem apocalypse

The shopping centre ecosystem is facing an apocalypse. Why? Because shops are middlemen and the internet is killing middlemen...

By Alan Knott-Craig 11 Feb 2019

Bizcommunity Recruitment in Africa Focus
Bizcommunity Recruitment in Africa Focus

A comprehensive B2B Recruitment Focus from December 2018 to February 2019 will ensure that Bizcommunity is the go-to destination for all the B2B news you'll need to plan your HR and recruitment strategies in 2019...

Issued by Bizcommunity.com 23 Oct 2018

The future of retail: Clicks, bricks and data-driven insights
The future of retail: Clicks, bricks and data-driven insights

Over the last 15 years, technology has reshaped the face of global retail. With billions of people spending more time online each day, the way we buy things has evolved...

By Sarah Quinlan 13 Jul 2018

#SACSCCongress: The artisanal food revolution and the modern retail space
#SACSCCongress: The artisanal food revolution and the modern retail space

Retail futurist Howard Saunders discusses some of the shifts in consumer mindset and retail brand innovation...

By Lauren Hartzenberg 14 Sep 2017

Shoprite to open store in Tete, Mozambique
Shoprite to open store in Tete, Mozambique

Shoprite is to open a new store in the town of Tete, Mozambique later this year. The property development company Terrace Africa has confirmed Shoprite as its anchor tenant and indicated that the new shopping centre will also feature many other well-known retailers...

20 Aug 2015

Retail, consumer confidence remains positive: Capco
Retail, consumer confidence remains positive: Capco

Capital & Counties Properties (Capco) provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive...

30 Jul 2015

Metro sells Kaufhof stores to Hudson's Bay for USD3.2bn
Metro sells Kaufhof stores to Hudson's Bay for USD3.2bn

FRANKFURT: German retail and distribution giant Metro said Monday it has agreed to sell its Kaufhof department store chain to Canadian group Hudson's Bay for 2.825 billion euros ($3.2 billion)...

17 Jun 2015

Delta International expands Mauritius Stock Exchange listings
Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015

African real estate attracts increased foreign investment
African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

1 Apr 2015

UK-based Tradehold growing foothold in Africa
UK-based Tradehold growing foothold in Africa

UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia...

24 Mar 2015

Affluent Africa drives demand for property
Affluent Africa drives demand for property

The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world...

11 Feb 2015

Intu Properties in €451m shopping centre deal
Intu Properties in €451m shopping centre deal

Intu Properties plc (ITU) has entered into a deal that will see it acquire Puerto Venecia shopping centre and retail park in Zaragoza‚ Spain for €451m‚ it announced on Wednesday, 24 December 2014.

29 Dec 2014

AECI plans to reduce its reliance on a weak SA
AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

African fund eyes JSE
African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Marriott clinches deal to buy biggest African hotel chain
Marriott clinches deal to buy biggest African hotel chain

US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.

23 Jan 2014

Redefine gets into Australian property market
Redefine gets into Australian property market

In a partnership deal with ASX-listed company, Cromwell Property Group, Redefine Properties has completed its maiden direct offshore property acquisition, obtaining a 50% share in Northpoint Tower located in North Sydney, Australia. The purchase consideration is AU $279m, which approximates an 8% income yield.

23 Dec 2013

Hyprop buys 87% of African Land for R768m
Hyprop buys 87% of African Land for R768m

Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.

29 Nov 2013

Property listings on the move
Property listings on the move

The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.

By Joan Muller 5 Oct 2013

Truworths slows drive into Africa
Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

Africa fund heads for JSE
Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

Resilient reaps benefits of diverse investments
Resilient reaps benefits of diverse investments

The Resilient group of listed property funds has outperformed other established property groups thanks to the dominance of the funds in the market segments they focus on, according to Ndabe Mkhize, portfolio manager at Stanlib.

By Nick Hedley 5 Sep 2013

Hyprop results 'strong' despite challenging environment
Hyprop results 'strong' despite challenging environment

Retail-focused property company Hyprop Investments on Thursday (29 August) reported a 7.6% rise in distributions for the six months to June to 213c per unit‚ with a first time‚ albeit small‚ contribution from its African investment.

By Nick Hedley 30 Aug 2013

Retailers hit sweet spot in Africa
Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013

Hilton plans to boost African presence
Hilton plans to boost African presence

Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten.

16 May 2013

Time to unlock Africa's travel potential
Time to unlock Africa's travel potential

The South African Tourism Indaba should expand its platform by attracting even more exhibitors and buyers from the African continent, Tourism Minister Marthinus Van Schalkwyk said on Sunday (12 May).

14 May 2013

People pay more to stay in hotels
People pay more to stay in hotels

People spent more on hotel and bed-and-breakfast accommodation in February and as a result, the total income for SA's tourist accommodation sector rose by 8.8% year-on-year according to Statistics SA's (Stats SA) tourist accommodation survey released on Monday (22 April).

23 Apr 2013

Sanlam's sub-Saharan fund launches soon
Sanlam's sub-Saharan fund launches soon

Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius.

By Nick Hedley 12 Feb 2013

Ingenuity in Claremont purchase
Ingenuity in Claremont purchase

Ingenuity Property Investments‚ which has a core focus on acquiring and developing properties in the Western Cape‚ said on Friday (7 December) it had agreed to buy two properties in Claremont‚ Cape Town from Annenprop 4 for R82m.

By Nick Hedley 10 Dec 2012

How to contribute to Bizcommunity, from op-ed pieces to news
How to contribute to Bizcommunity, from op-ed pieces to news

Bizcommunity.com has now expanded its operations into 16 new sectors and will soon venture into another 17, providing a whole new range of target audiences for advertisers. The most critical aspect of this is the quality of content and this is a formal invitation to you to become a recognised contributor on Bizcommunity.

Issued by Bizcommunity.com 3 Oct 2011

Bizcommunity launches new dedicated sectors, newsletters
Bizcommunity launches new dedicated sectors, newsletters

Bizcommunity.com - South Africa's largest online B2B publisher - is set to grow even more with the introduction of 16 new content channels, with weekly newsletters, as from last week Tuesday, 20 September 2011.

Issued by Bizcommunity.com 20 Sep 2011

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