CLUR CONNECT
Kekana says every one of Pareto’ s Shopping Centres except one has a gym and the company has invested in children’ s play areas which has had a positive impact on its portfolio. He says, as an example of the wellness revolution, padel courts have increased exponentially because people value health and their experience.
CLUR CONNECT
Kekana says every one of Pareto’ s Shopping Centres except one has a gym and the company has invested in children’ s play areas which has had a positive impact on its portfolio. He says, as an example of the wellness revolution, padel courts have increased exponentially because people value health and their experience.
“ We’ ll see things like that continue to grow.”“ We will continue to invest in things like action sports, children’ s free play, and parks on our real estate, especially where we’ ve got a lot of space.”
Van der Merwe says Mowana focuses on“ health and wellness, fun runs, walks and other exercise activities at its centres.” Fortress creates recreational areas where it develops Shopping Centres, since often there are few facilities around the communities they serve, says Majija.
Looking at the influence of the belief economy on Shopping Centres in the future, Beattie says that in preparing for the 2030 Net Zero target for the Standard Bank Group property business, the focus was on creating alternative forms of energy. It has several solar plants on the roofs of its shopping centres, the most notable being the one on the Eastgate rooftop, the biggest rooftop solar on a shopping centre in South Africa.
“ One of the other things that have been important for us was to reduce what we sent to landfill, and we worked hard on a strategy to reduce the waste in our environments and have received a certificate of our entire portfolio being Net Zero Waste ready. Imagine the waste that comes out of a shopping mall, from our restaurants, from the customers, from all the shops that we have, all those get composted on site, and we send very, very little of that to landfill.”
Clur says the belief economy represents an evolving mindset and will influence the shopping centre of the future.“ Key to this evolution, we need to rethink our view on anchor tenants. I think we’ re going to see a shift away from a pure anchor tenant in a traditional form and a move towards an anchor mix. In other words, a strategic blend that attracts.”
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