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haha, I like Lydon, I like him cuz I like bitchy guys! Bitchy guys love to fight over stupid and boring things! :laugh:

:hug:
 

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What's happening over there ?
Can't you figure out that Morocco is just the best country in Africa by far ?
:troll:

Nevermind, CAN approaches guys ! :)
 

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I think its CasaMor vs Lydon on that pic, the rest of us don't give a *** . Just don't bring the whole nations into this childish dick measuring contest!
+1

Here are Tetwani and I

 

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Could you post the whole article.. its behind their paywall.

But I disagree with the bit of it that I could read.. I dislike going to malls intensely unless I absolutely have to for shopping.
In a Land of Malls, Concerns About Overbuilding

JOHANNESBURG—Tourists love South Africa for its wildlife safaris and mountain-and-sea vistas. South Africans love these things, too, but they reserve special affection for shopping malls and cafes with vistas of parking lots.

From Johannesburg's financial district, Sandton—the richest square mile in Africa—to dusty mining towns in remote provinces, there is nowhere South Africans would rather work, eat or unwind than a sparkling new shopping mall.

"I look around, and everyone's in twos and threes," says Cornelia Pleho, a lawyer meeting a friend for coffee at one of many cafes inside Sandton City, the archetypal South African shopping mall at more than 1.7 million square feet of retail space. "It's where people come to meet."

For developers and their financial backers, malls have been a safe bet for a long time in South Africa. New complexes are currently planned for every corner of the country. But as the economy shows signs of cooling and consumers are spending less, there is growing concern that the mall market is getting too crowded.

In Johannesburg alone, developers have opened a half-dozen complexes in the past few years within a few miles of Sandton City. Construction sites for new malls line the main arteries of the country's commercial capital. On the highway connecting Johannesburg to Pretoria, developers are planning a new million-square-foot mall to cater to residents of the rapidly expanding suburbs between the two cities.

And more malls are on the way.

"I think you could do another five or six in greater Johannesburg," says Patrick Flanagan, founder and executive director of Flanagan & Gerard Property Development & Investment, which opened northern Johannesburg's newest shopping center in April, a 240,000-square-foot-complex along a busy road connecting the financial district to some of Johannesburg's wealthiest suburbs.

Banks have been willing lenders to shopping center developers, who make their investments back quickly because major retailers are willing to sign five- or 10-year leases with annual rent increases between 5% to 10%.

According to Investment Property Databank, South African retail property outperformed office and industrial property in 2011 for the third consecutive year in terms of "capital growth"—a measurement of value that takes into account capital expenditures. The total return for retail property, including income and capital growth, was 10.1%, IPD reported.

Developers have projects in the works for centers that will cater to every income bracket. That includes people using government grants to buy groceries and wealthy suburbanites eager to shop at a growing number of foreign luxury clothing and accessory shops.

But those links in a golden chain depend on consumer spending continuing to grow, a risky prospect in the current economic environment. Some retail industry analysts doubt the market can match developers' ambitions.

"I don't think the rate of growth of malls is sustainable," says Andre Kruger, a lecturer on land valuation at the University of Johannesburg. Malls are thriving as entertainment and dining destinations but are less profitable for retailers, Mr. Kruger says.

Many of the newest shopping malls have been built in small towns, where consumer spending gains are driven by the growing number of social grants the government is giving to poor parents, says Stephan Le Roux, director for retail at Growthpoint Properties Ltd., a Johannesburg-based property developer. But these developments, often built near the townships where many of South Africa's newest consumers live rather than in traditional town centers, can cannibalize the local market.

Developers also are facing signs that South African consumers are spending less. Retail sales were down 1.2% in the first three months of this year over the previous quarter, reversing strong 9% growth in the last three months of 2011.

Falling retail sales could crimp South Africa's growth this year, economists say. Until now, consumer spending in Africa's largest economy had remained strong as Europe's debt crisis sapped demand for South Africa's manufactured exports and local labor disputes slashed mining productivity. Already, South Africa's low growth rate—projected to reach just 2.7% this year, the International Monetary Fund forecast in May—is frustrating the government's efforts to create new jobs, and therefore, more potential shoppers.

At the same time, people who can't find work are turning to government welfare grants instead, putting pressure on the federal budget—and the small base of 4.7 million taxpayers who pay for it. More taxes means less disposable income for South Africa's top earners, too.

"The consumer will be under tremendous pressure over the next 20 years," says Erwin Rode, chief executive of Rode Associates, a real-estate consulting company. As a result, Mr. Rode says, "South Africa is over-shopped at the moment. There is too much shopping space."

—Kathleen Chaykowski contributed to this article.
A version of this article appeared June 6, 2012, on page C9 in the U.S. edition of The Wall Street Journal, with the headline: In Land of Malls, Worries of Overbuilding.
 

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The article is very interesting. Think there should be a rates reduction/free period to encintivise shops to stay/open up in the CBD of smaller towns, and team that with a re-fresh in sidewalks and street furniture/urban landscaping as well as parking solutions ( diagonal parking like in Aus ) Enough malls for just now me thinks!
 

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Norwood Mall's new-look stores
05 Jul 2012



Five retailers have revealed new-look stores at Norwood Mall, all in new positions in the shopping centre. This fundamental retailer refresh is driven by the addition of a new 1 800sqm Food Lover’s Market to Norwood Mall’s top-notch retail mix.

Mr Price Home, Rage, Crazy Store, Bata and Step Ahead are trading from new stores as part of an innovative reconfiguration that will give Norwood Mall shoppers better access, easy flows and even more variety.

“We have taken the opportunity to make some bold, fresh changes which customers can look forward to,” says Elsabe Griesel, Portfolio Manager at The Cavaleros Group, owners of Norwood Mall.

The reconfiguration will ensure the best mix of retailers in positions that create a dynamic and convenient shopping experience. It also means visitors will enjoy shopping at some of their favourite Norwood Mall retailers, in bright new stores.

Mr Price’s new store has been revamped and given the retailer’s new concept look and branding. “The new store is much ‘fresher’ looking and will offer a greatly improved shopping experience to customers because of our new layout,” says Reynier Jacobs, of Mr Price Home Johannesburg Operations. “Customers can enjoy the same homeware and furniture assortment from our new Norwood Mall store, but with a improved look focusing on coordination and offering value to customers.”

Bata has also upgraded its Norwood Mall store to the retailer’s new ‘City Store’, concept. “We have brought the store in line with current contemporary shopping trends to match the customer profile of the community,” says Bata MD Carolos Graces. Bata is currently the largest shoe company in the world with an international footprint in 70 countries in both the retail and manufacturing sector, serving 1 million customers a day. “We offer our urban Norwood Mall customers great value on trendy footwear and accessories, complimented by good customer service in a modern shopping environment.”

Norwood Mall customers can enjoy the new crisp Step Ahead store design with a modernised logo, cool white lighting, a florescent glow along the shelving bays, and beautifully designed graphics running along the bulkheads. “Altogether we have created a fresh looking Step Ahead store that is modern and super attractive,” say Greg Holding of Step Ahead. “Our range is uniquely composed of product from numerous brands and the most beautiful leather Pesso shoes sourced from some of the best factories in Europe. It also includes the Fitflop range which is a firm favourite with Norwood Mall shoppers.”

Rage has also revamped its Norwood store. “The new store is located opposite the old Rage store and is sure to bring Norwood Mall Rage lovers the trendiest shoes to delight the fashionista in them,” says Kyla Lax, Marketing Manager: Rage. She notes that shoppers can expect to see the exciting new summer trends in footwear when new summer shoes arrive at the store in early August.

The Crazy Store is boasting a brand new look. Everything from toys, party supplies, stationery, home wares and plastics to even pet and outdoor products can be found in one convenient, bright and inviting store.

Food Lover's Market will open in August joining Norwood Mall’s collection of anchor tenants: Woolworths, Dis-Chem and Pick n Pay.

Already, Food Lover's Market is preparing its new Norwood Mall store. Its new premises are complete and undergoing fit out.

Situated on the corner of Hamlin Street and 6th Avenue, Norwood Mall provides exceptional retail appeal for a centre of its size. Now, the strengthened retail dynamics achieved by reconfiguring and introducing Food Lover’s Market will add even more to this everyday shopping drawcard.

Source: Property24
 

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Morningside Shopping Centre receives makeover
By SA Commercial Prop News
17/07/2012



Chic shopping is now even more beautiful. Glossy cosmetics speciality retailer Red Square is opening at Morningside Shopping Centre on 1 August 2012, bringing top classic and up-and-coming branded cosmetics to Sandton’s fashion-forward shoppers.

“We are delighted to welcome Red Square to the centre,” says Centre Manager Jacqueline Douglas. “Red Square will complement the beauty retail already at Morningside Shopping Centre, creating a more complete experience for our shoppers who want to look and feel good.”

Red Square aims to offer the widest range of cosmetic products and services in SA, with its impressive range of men's and ladies cosmetics now available at Morningside Shopping Centre. This includes Clinique, Clarins, Estée Lauder and many other big brands. They also offer free skin analysis and a ‘Beauty Hotline’ which will source customers’ favourite beauty product in the Red Square range.

Red Square joins the 82 shops at Morningside Shopping Centre, selected for their unique offering, quality products and personal service.

Other new shops which have recently opened at the centre include Graasroots Health Shop, Lucky Moo and S.W.E.A.T 1000.

“We are constantly communicating with our customers to make sure we bring them the brands, services and products they really want,” says Douglas. “We’re sure they are going to enjoy all our new stores.”
 

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Hyprop invests R920m in Rosebank Mall revamp

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Prinsloo said Hyprop’s board had given its approval for the R920m redevelopment of the Rosebank Mall last month.

The project involves the complete redevelopment of the mall, with a reconfiguration of the mall areas and expansion of the shopping centre from 36 000m² to 62 000m².

Prinsloo said the redeveloped mall would accommodate some major new tenants, including an 8 500m² Woolworths store and a 6 000m² Edgars store, while Dischem Pharmacy would take up a 2 000m² area.

The mall would retain the bulk of the existing tenants.

Construction has started and the project is expected to take 24 months to complete.
...

http://www.iol.co.za/business/compa...n-rosebank-mall-revamp-1.1368791#.UDfWo8GTvNo
 

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WOW!!!!! Great news.. I thought The Zone just had a revamp? Looking forward to it
 
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