Image: SIZWE NDINGANE
The mall is expected to draw shoppers away from existing malls, lured by the novelty of new stores and more than 300 shops.
Keillen Ndlovu, head of listed property at Stanlib, said the opening of Mall of Africa was bound to have a diluting effect on spending in other Gauteng centres.
Construction workers moving around during the last week before the Mall of Africa in Midrand opens to the public. The mall has more then 200 shops and stretches to more then 10km in size
After the opening of Mall of Africa, the number of shopping centres exceeding 50000m² in greater Johannesburg (including Centurion) will stand at 32, according to the latest directory of the South African Council of Shopping Centres.
Over the past 18 months alone, three new regional malls have opened, including Mall of the South in Aspen Hills, Forest Hill near Centurion, and Cradlestone Mall on the West Rand.