Commercial Property News South Africa

The Mall of Africa promises something for everyone

The new Mall of Africa in Waterfall, Midrand, will feature a choice of 300-plus stores, restaurants, entertainment and services, and the very latest in mall design when it opens next week, on 28 April 2016.
The Mall of Africa promises something for everyone

Shoppers will be spoilt for choice with a full spectrum of sought-after retail brands -- from Armani to Zara, and everything wonderful in between.

Commenting on the development, Louis van der Watt, CEO of the developer, Atterbury, said: “The Mall of Africa has been designed and developed by Africans and stands proud with leading international retail centres globally. We have created a new shopping experience unlike anywhere else, in which every detail of the mall caters towards understanding and delighting customers.”

Southern Africa’s largest single-phase shopping centre development to date, the R5 billion Mall of Africa, is a 130,000m² super-regional mall. It is co-owned by two leading South African property companies: JSE-listed real estate capital growth fund Attacq holds the commercial development rights to Waterfall and owns 80% of the Mall of Africa; Atterbury Property Developments owns 20% of Mall of Africa and is responsible for the Mall of Africa development project, on behalf of Attacq. Atterbury Asset Managers undertakes Mall of Africa’s asset management for its co-owners.

SA's most popular retailers

The retail mix features a substantial offering of South Africa’s most popular retailers with five anchor tenants. It also hosts a line-up of international fashion retailers. Anchor tenants include Checkers, Edgars, Game, Woolworths, and Ster Kinekor. They will be joined by leading South African brands from The Foschini Group, Mr Price, and Truworths.

Top international brands opening their first stores in South Africa at the mall include: Armani Exchange, Helly Hansen, Asics, Zara Home, The Kooples, Under Armour, Women’secret, and Soap Stories.

These new retailers opening in the country for the first time will join a full pack of flagship stores from favourite brands like: H&M, Forever 21, Forever New, River Island, Mango, Cotton On, Starbucks, Versace, and Zara.

Cobus van Heerden of Atterbury Property Developments said: “The diverse mix of local and international brands works in synergy with independent boutique stores to round off a world-class, modern shopping experience that will delight even the most brand- and fashion-conscious shoppers.”

The Mall of Africa’s strong fashion component will be bolstered by a full complement of banks, cellphone and tech stores, an array of health and beauty outlets, home and décor stores, as well as a cinema complex. The mall will also feature a unique town square overlooking a lush green park with an excellent mix of restaurants and fast food outlets to cater for every taste.

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