SA’s glut of shopping malls sees bad returns for retail developers, investors

Local developers and investors need to look to the rest of Africa for better returns

14 August 2022 - 00:00
By Isaac Nkama

Very few people, both within and outside the country, are aware that only five countries in the world have more shopping centres than SA. While this may be good for the consumer, the overcapacity will affect the future performance of shopping centres and the returns for retail property developers and investors.

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