shopping malls

  • Morocco Mall spreads its wings

    Groupe Askal has unveiled plans to bring its Morocco Mall brand to Rabat and Marrakesh. The original Morocco Mall opened its doors in Casablanca during 2011. It is the largest mall in Morocco (with a gross leasable area – GLA – of 70,000m²) and one of only five malls in Morocco (and 33 in Africa

    Categories: SagaRetail News - Morocco

  • South African REIT seeks to exit six sub-Saharan malls

    South African real estate investment trust (REIT) Hyprop Investments and its partners Attacq and Atterbury Group are seeking a buyer for the six malls they own in sub-Saharan Africa. Hyprop has an interest in four Ghanian malls (Accra, West Hills, and Achimota in the capital, as well as Kumasi City), in addition to Ikeja City

    Categories: SagaRetail News - Retail & Shopping Malls - Ghana - Nigeria - Zambia

  • Sagaci Insights: Shopping Malls in Africa

    The total number of shopping malls in Africa (excluding South Africa) almost doubled between 2011 and 2018 and is now approaching 600, with urbanisation, population growth, increased interest from international retailers, changing consumer lifestyles and rising household incomes among the factors driving growth. The sixth edition of Sagaci Research’s Shopping Malls in Africa report provides

    Categories: Retail & Shopping Malls

  • Mall culture percolates down the Ivorian income scale

    During late October, Cosmos shopping mall opened its doors in the Abidjan suburb of Yopougon – the fourth mall to open in Côte d’Ivoire in the past three years. Developed by HC Capital Properties, it has a GLA of 14,000m². Cheick Sanankoua, co-founder and managing partner of HC Capital Properties, noted that successful mall openings

    Categories: SagaRetail News - Retail & Shopping Malls - Cote d'Ivoire

  • SagaRetail Q3 2017

    Driven by local consumption and an influx of capital, shopping malls in Africa are experimenting continuous growth. However, there is a lack of data on performance, which can create uncertainties for expansion plans. In order to bridge this information gap, we have created SagaRetail, a competitive intelligence tool benchmarking trade density across shopping malls in Africa.

    Categories: Retail & Shopping Malls - Kenya

  • Sagaci Insights: Modern retail in East Africa – the struggle between local and international competitors

    In the last months Nakumatt, the leading supermarket chain in East Africa with 66 supermarkets at its peak, has entered in a situation of operational and financial distress that threatens the very survival of the chain. The troubles that Nakumatt is going through have brought back to the public attention the challenges that local modern

    Categories: Retail & Shopping Malls - Ethiopia - Kenya - Tanzania - Uganda