Commercial Properties

Major new shopping mall opening soon in South Africa

Etwatwa Crossing will open its doors in South Africa later this year, bringing formal retail to another previously underserved part of the country. Jason McCormick, the CEO of McCormick Property Development (MPD), recently said that Etwatwa Crossing planned to open in 2026, and is fully let and well on track for its launch in August 2026. The new mall is anchored by Shoprite and Boxer, and phase 1...

Another R88 million sale for owner of South Africa’s largest shopping mall

Accelerate Property Fund is selling Bosveld Mall in Bela Bela in a deal worth R88 million, excluding VAT. Accelerate is the owner of South Africa’s largest shopping centre, Fourways Mall, and has been selling assets as it goes all in on Fourways Mall. The Bosveld Mall in Limpopo is being sold to the Morsim Developments Properties, whose beneficial owners are Charlie Bentel and Max...

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