REITS
Township malls sitting pretty
Centres selling essentials to lower-income shoppers appear less vulnerable than their urban counterparts that cater to the well-heeled
08 December 2022 - 05:00
As counterintuitive as it may seem, surging food and fuel prices, higher debt servicing costs and ever-higher unemployment rates haven’t dented spending in township and rural economies.
In fact, they appear to be in pretty good shape judging by the upbeat retail trading metrics released last week by major JSE-listed mall owners. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.