Real Estate Investor Magazine South Africa February 2015 | Page 53

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BY GAVIN TAGG

TRENDS

key retail property
trends for 2015

R

etail property has made a strong positive
contribution to South Africa’s growth in recent
years, with numerous new shopping malls
coming to the market – each ploughing investment
into the economy, creating jobs and crafting retail
assets and social hubs for their communities.
Despite weaker economic fundamentals, there are
still exciting new opportunities for shopping centres
in 2015.
The prognosis for retail property in 2015 highlights
five dominant trends:
1. Caution
Retailers and retail developers need to follow a cautious
approach