Real Estate Investor Magazine South Africa May 2016 | Page 37

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COMMERCIAL

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DARREN WILDER

MARIUS MULLER

NEIL GOPAL

Fairvest Property Holdings CEO, Darren Wilder
said the companies recent strong performance
from June to December 2015, reflects sound management of the controllable factors, which has
manifested in improvements in vacancies, tenant
retention rates and expense ratios.

Blue chip mall owner Pareto CEO, Marius Muller
has warned South African Retailers to guard
against cannibalization — citing bigger centres
taking away spend from the weaker centres.
Despite talk of a looming oversupply of shopping
malls, Commercial Property Investors continue to
pour billions into South Africa’s retail property
sector.

“The realities of land ownership in SA do not
correlate with proposed legislation of the controversial Regulation of Land Holdings Bill, and few
industries endorse the bill or the government’s
latest approach to the issue of land reform. The
agricultural sector is particularly unenthusiastic.”

Developer

www.reimag.co.za

Mall Owner

CEO SAPOA

MAY 2016 SA Real Estate Investor

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