Mall of africa

Mall of Africa opens on 28 April

Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.

Southern Africa’s largest single-phase shopping centre development to date, the R5-billion Mall of Africa, is a 130,000sqm super-regional mall that sets a new benchmark for shopping centres on the continent.

Commenting on the Mall of Africa development, Louis van der Watt, CEO of Atterbury says: “In line with the Atterbury vision to create working, shopping and entertainment spaces for everyone to live to their full potential, the development of this breath-taking shopping and leisure destination introduces an unmissable, unmatched retail experience. Mall of Africa’s exceptional scale, design, location and retail mix places it at the forefront of development.”

Van der Watt adds: “The development has enhanced the diversity of the retail sector in South Africa, changed Gauteng’s skyline and stimulated the economy.”
Mall of Africa is co-owned by two leading South African property companies. JSE-listed real estate capital growth fund Attacq Limited holds the commercial development rights to Waterfall and owns 80% of the Mall of Africa. Atterbury Property Developments owns 20% of Mall of Africa and is responsible for the Mall of Africa development project, on behalf of Attacq.

At 130,000sqm, it is the largest single-phase shopping mall development in South Africa. Mall of Africa will feature over 300 retailers, restaurants, entertainment and services, all within a single exceptional development. It also has all amenities that any shopper may need. Atterbury Asset Managers is responsible for Mall of Africa’s asset management for its co-owners.

Atterbury began the construction of Mall of Africa nearly three-and-a-half years ago, on 28 October 2012.