13 Sep 2018
The fall of the retail sector is leading to industrial expansion
Since the beginning of the millennium, shopping malls in South Africa were springing up throughout various metropolitan cities. Regional and super-regional malls began emerging as lucrative commodities as developers and investors capitalised on market conditions. This gave rise to renowned malls such as Gateway Theatre of Shopping in Durban, Sandton City in Johannesburg and Canal Walk in Cape Town.
