Real Estate Investor Magazine South Africa November 2019 | Page 41

COMMERCIAL 42 Adapt or die When it comes to shopping, consumers have an absolute buying power and the recent drift to digital shopping signals a need to integrate and innovate shopping centres. Retailers need to evolve or risk closing down. 44 46 A Millennial trend in real estate investment The new shift of balancing work and life is becoming both a health and success imperative in almost every residential setting in South Africa. Estates and inner cities are waking to the demand. Shopping centres and safari lodges reach for the sun To avoid using more electricity in the middle of the load shedding scare and the ever-eminent global warming, developers are becoming progressive by going ‘off-grid’ and sourcing self-efficient energy. TOP TRENDING FOR COMMERICAL ONLINE Visit www.reimag.co.za for the latest updates online. Commercial properties on BidX1’s next online property auction BidX1SA has an array of commercial properties, with lucrative investment potential available to purchase via online auction. Investors should remain patient Entrepreneurship in general and any investment venture is a virtual risk, so it’s vital for investors to separate emotion/sentiment from an investment portfolio. Small business got no government support – why not Minister Mboweni? Karl Westvig, CEO of Retail Capital, writes an open letter to Minister Tito Mboweni about the most recent Budget Policy Speech. SA Real Estate Investor Magazine NOVEMBER/DECEMBER 2019 39