Mall of Africa set to open | Fin24
 
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Mall of Africa set to open

Apr 13 2016 15:30

Johannesburg - The Mall of Africa is set to open in Waterfall City, Gauteng, on 28 April.

The new R5bn, 130 000m² super-regional mall is developed by SA property developer and investor Atterbury and offers easy access from Pretoria, Sandton and Johannesburg.

The centre includes over 300 retailers, restaurants and services.

“Developing a super-regional mall in the heart of the fastest growing urban node on the continent presented the opportunity to create an exciting modern landmark. As the heart of a growing city, its connectivity was a key consideration of Mall of Africa’s development," said Louis van der Watt, founder of Atterbury.

"Its exceptional scale, design, location, retail mix and access create an exciting asset and places it at the forefront of retail developments.”

James Ehlers of Atterbury Property Development added that accessibility for shoppers was a key factor in the mall’s development. In addition, Atterbury has undertaken huge road upgrades as part of the Waterfall City development. This includes the new R160m Bridal Veil Road overpass bridge, which will open at the same time as the mall.
 
“The new highway overpass bridge, link road and the upgraded Maxwell Drive open important routes that will make travelling easier and faster for the growing number of people who live, work and shop in the area," said Ehlers.

Besides road transport, Mall of Africa is also minutes away from the Gautrain Midrand Station and enjoys proximity to OR Tambo International Airport, Midrand’s Grand Central Airport and Lanseria International Airport.

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%.

atterbury  |  gauteng  |  shopping centre  |  retail
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