Research

Q4 2017 South Africa Retail Market Report

February 27, 2018

Neighbourhood and community shopping centres continued a positive trajectory, performing better than bigger centres. The poor trading density growth reflects the consumer’s short to medium term concern for economic growth. Vacancy rates ended the quarter at an average of 4.0%. Super-regional shopping centres witnessed a further increase from 4.1% in the previous quarter to 4.7% in Q4. While small regional centres recorded a 1.0% vacancy rate decline on a yearly basis.

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