What is Jabulani Mall worth?
What is Jabulani Mall worth?
Nkuna’s Protea Mall is valued at R700-million while his Jabulani Mall is worth an estimated value of R1. 4 billion. He says the ongoing violent looting points to a lack of leadership.
When did Jabulani Mall open?
Jabulani Mall is situated in the heart of Soweto and is one of the townships proudly South Africa landmarks. It opened its doors in October 2006 and has since satisfied the palate of the Soweto shopper through offering a variety of national shoe and fashion outlets that cater to each individual’s taste.
Who owned Jabulani Mall?
The mall is the work of Mike Nkuna, the founder of Masingita Group of Companies, which partnered with Nedbank on the project.
Who owns Jabulani Soweto?
Project | Resilient Reit. The Jabulani Mall is a 46,941m2 regional mall and is situated at 2189 Bolani Road, Jabulani, Soweto. It was acquired on opening by Resilient in 2006. Resilient has a 55% share in the property and the major tenants are Edgars, Game, Shoprite, Woolworths and Foodlovers Market.
Who owns malls in Soweto?
entrepreneur Mike Nkuna
It could take two months to get the Soweto shopping malls owned by entrepreneur Mike Nkuna back in business. Nkuna said he has “forgiven” those who looted and left behind a trail of destruction during the recent unrest that plunged parts of Gauteng and KwaZulu-Natal into chaos.
Is Jabulani Mall opened after the looting?
The owner of Jabulani Mall, Resilient Real Estate Investment Trust (REIT), says almost half of tenants in that mall have reopened for trade following looting during the July unrest. The company said only two of its 28 malls – Mams Mall and Jabulani Mall – were affected.
Is Jabulani Mall game open after looting?
Revamped retail store reopens with new and improved layout following looting. Jabulani Mall was a hive of activities on Thursday last week as Game officially reopened its revamped store. The relaunch was in line with the retail’s turnaround project called Retail Reimagined.
Is Jabulani Mall open after looting?
The owner of Jabulani Mall, Resilient Real Estate Investment Trust (REIT), says almost half of tenants in that mall have reopened for trade following looting during the July unrest.
Who owns Maponya mall?
developer Richard Maponya
The 65,000 square-metre development cost R650m to build and officially opened in September 2007. The mall was owned by South African entrepreneur and property developer Richard Maponya until his death in early January 2020 under The Maponya group in partnership with Investec and ZenProp property holdings.
How many malls are looted in South Africa?
More than 200 shopping centres and 100 malls were looted or burnt, while at least 1,400 ATMs were damaged and 300 banks and post offices vandalised in the southeastern province.
What is Africa’s biggest mall?
So, which country has the biggest mall in Africa? The Novare Lekki in Lagos, Nigeria, is the biggest mall in Africa. It cost $83 million to build the 22,000 m2 galleria.
Who built mall Africa?
ARCHITECT’S REPORT Mall of Africa was designed by MDS Architecture for clients, Attacq and Atterbury. The centre is located in Waterfall City, Midrand – midway between Johannesburg and Pretoria.
What is the biggest mall in South Africa?
The Mall of Africa is the biggest malls in South Africa, built in only a single phase with 130,000 square meters of retail space. It has 6,500 parking bays and 300 stores, including Pick n Pay, Woolworths, IMAX, Toy Kingdom, FNB, Kyalami Indoor Karting, and @Home.