<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-25.31045" data-lng="28.29283" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-25.31045&quot;,&quot;lng&quot;:&quot;28.29283&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:150000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Estimated radius for core local customers in Moretele Municipality and surrounding areas&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;50 km&quot;,&quot;description&quot;:&quot;Broader radius drawing from Gauteng region including Pretoria and Johannesburg&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;150,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary areas, based on regional demographics near Hammanskraal&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.3&quot;,&quot;description&quot;:&quot;Aligned with South Africa&#39;s national population growth rate from recent statistics&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;28 Years&quot;,&quot;description&quot;:&quot;Regional median age in North West Province and Gauteng, reflecting youthful demographics&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.4 People&quot;,&quot;description&quot;:&quot;Average household size in South Africa, per Statistics South Africa data&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of adults with tertiary education in the region, estimated from national averages&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;23,000 ZAR per month&quot;,&quot;description&quot;:&quot;Estimated for Gauteng/North West border areas, based on national median from Stats SA&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;33.0&quot;,&quot;description&quot;:&quot;Current national unemployment rate in South Africa, Q2 2025, affecting local economy&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;95 Index (SA=100)&quot;,&quot;description&quot;:&quot;Slightly below national average due to rural-urban fringe location&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;25,000 ZAR per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spend per person in South Africa, derived from $72.6bn national retail sales for 60m population&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;4,500 ZAR per year&quot;,&quot;description&quot;:&quot;Proportion of retail spend on clothing, based on SA consumer patterns from market reports&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;8,000 ZAR per year&quot;,&quot;description&quot;:&quot;Share of household budget on food retail, from Absa Merchant Spend Analytics&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;3,200 ZAR per year&quot;,&quot;description&quot;:&quot;Annual per capita spend on electronics, estimated from PwC E\u0026M Outlook&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,200,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated based on similar regional entertainment malls and post-redevelopment projections&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by visitors, typical for casino-entertainment complexes&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making purchases, inferred from SA retail benchmarks&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;120,000 ZAR per year&quot;,&quot;description&quot;:&quot;Annual sales productivity, estimated for mixed retail-entertainment space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;100 Stores&quot;,&quot;description&quot;:&quot;Planned number of stores in redevelopment, including various categories&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors like Shoprite, Boxer, DisChem, and Clicks confirmed&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Few direct casino-mall competitors in North West, but proximity to Gauteng malls&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of retail, entertainment, F\u0026B, and unique motorsport concepts&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Motorsport and MICE Concepts&quot;,&quot;description&quot;:&quot;Includes FIA-standard raceway and conference facilities as differentiators&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;31,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA post-redevelopment for retail and entertainment spaces&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure including ground and upper retail/entertainment floors&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;200 ZAR per month&quot;,&quot;description&quot;:&quot;Typical prime retail rent in regional SA malls, per market reports&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Current estimated vacancy during redevelopment phase&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;5-10 years Years&quot;,&quot;description&quot;:&quot;Standard flexible terms for anchors and smaller tenants in SA retail&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;15,000 sqm&quot;,&quot;description&quot;:&quot;Space available for leasing in ongoing expansion&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Distance&quot;,&quot;description&quot;:&quot;Direct access to N1 highway, 45km from Pretoria&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Moderate Access&quot;,&quot;description&quot;:&quot;Bus services available, but car-dependent location&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,150 Spaces&quot;,&quot;description&quot;:&quot;Dedicated parking bays including Uber zones and motorbike areas&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Low Traffic&quot;,&quot;description&quot;:&quot;Primarily drive-to destination with limited walkability&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;SA e-commerce at 10% of retail, impacting physical sales per Statista&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Growing adoption in SA retail, supported by anchors like Shoprite&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;National penetration rate in South Africa, 2025 estimate from We Are Social&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;5 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Estimated based on SA high crime context, mitigated by site security&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;On-site security including surveillance and personnel, standard for casinos&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple annually Events&quot;,&quot;description&quot;:&quot;Conferences, motorsport, and festivals planned in redevelopment&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;50.0&quot;,&quot;description&quot;:&quot;Sun MVG program reach among visitors, from Sun International data&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Integrated digital displays in retail and entertainment areas&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Expected growth from redevelopment and new attractions through 2027&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active recruitment for 100+ stores including anchors&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phased to 2027 Plans&quot;,&quot;description&quot;:&quot;Three phases: MICE 2025, motorsport/residential 2026-27, creating 900 jobs&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[],&quot;outside&quot;:[{&quot;id&quot;:4153,&quot;slug&quot;:&quot;oaktree-shopping-centre&quot;,&quot;name&quot;:&quot;Oaktree Shopping Centre&quot;,&quot;lat&quot;:&quot;-25.7489&quot;,&quot;lng&quot;:&quot;28.2389&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Oaktree Shopping Centre, situated at 18 Oaktree Avenue in Hazelwood, Pretoria, is integrated into the Old East Precinct, a revitalized urban mixed-use development by Atterbury Property. This compact retail hub covers 1,495 square meters of gross lettable area, allocating 595 square meters to restaurants and 900 square meters to retail outlets. It serves as a pedestrian connector between The Village leisure hub on 16th Street and The Club precinct, fostering an open-air, community-focused atmosphere in Pretoria Easts affluent residential zone. The tenant mix emphasizes lifestyle and specialty offerings, including fashion boutiques such as Craghoppers, Hoka, and Toni Pons; casual dining spots like Freddo Café, Stud The Burger Shop, and Copa Habana; and services like Laser Lab. Operational since 2023, the centre maintains near-full occupancy, benefiting from the precincts innovative urban renewal strategy that blends heritage with modern retail. Accessibility is supported by dedicated parking and convenient links to Atterbury Road and the N4 highway, though peak-hour congestion in the area may impact visitor flow. The surrounding demographics feature high-income households, with median earnings around ZAR 50,000 monthly, attracting professionals, families, and expatriates drawn to the suburbs upscale amenities. Rent levels range from ZAR 350 to ZAR 550 per square meter annually, reflecting premium positioning amid rising demand for experiential retail. Market dynamics show steady footfall growth, estimated at 5,000-7,000 daily visitors, driven by local patronage, but face pressures from economic volatility and e-commerce shifts. Strengths include a curated tenant synergy enhancing dwell time, while weaknesses involve limited scale compared to regional malls and vulnerability to dining sector fluctuations. Overall, it offers stable leasing prospects for niche retailers in a growing micro-market, tempered by competition from nearby power centres like Menlyn Park.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay, Shoprite, Woolworths&quot;,&quot;distance&quot;:49.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay, Shoprite, Woolworths&quot;}},{&quot;id&quot;:3435,&quot;slug&quot;:&quot;bayhill-mall&quot;,&quot;name&quot;:&quot;Bayhill Mall&quot;,&quot;lat&quot;:&quot;-25.667&quot;,&quot;lng&quot;:&quot;28.25&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Bayhill Mall, located in the eastern suburbs of Pretoria, South Africa, is a mid-sized regional shopping centre with a gross leasable area (GLA) of approximately 35,000 square meters. Developed in the late 1990s and expanded in 2010, it caters to a primary catchment population of about 200,000 residents within a 7km radius, primarily middle to upper-middle income families and professionals in areas like Menlyn and Garsfontein. The demographic profile features households with average monthly incomes exceeding R25,000, a median age of 35, and high vehicle ownership, supporting strong accessibility via the N1 and N4 highways and local arterials like Lynnwood Road. Tenant mix is diverse, anchored by Pick n Pay hypermarket (covering 20% of GLA), fashion outlets including Edgars, Woolworths, and international brands like H\u0026M, alongside specialty stores in electronics (Game), health and beauty (Dis-Chem), and services (banks, cellular). Dining comprises a 500-seat food court with chains like Nando&#39;s, McDonald&#39;s, and local eateries, plus sit-down restaurants. Entertainment includes a Ster-Kinekor cinema with 8 screens. According to the South African Council of Shopping Centres (SACSC) reports, occupancy hovers at 94%, with average gross rents at R250-R350 per square meter monthly, reflecting stable demand. Footfall estimates reach 6 million annual visitors, bolstered by proximity to residential estates and office parks. Leasing advantages encompass turnkey spaces from 40 to 800 sqm, inclusive CAM fees around R40/sqm, and marketing collaborations. However, challenges include competition from dominant players like Menlyn Park (130,000 sqm GLA) and The Grove, potential infrastructure strain from aging HVAC systems, and broader market factors such as economic slowdowns impacting non-essential retail categories. Overall, Bayhill maintains solid performance metrics, with sales per sqm at R9,500 annually, positioning it as a viable option for retailers targeting convenience-driven shoppers in a saturated Pretoria East market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay, Woolworths, Game&quot;,&quot;distance&quot;:39.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay, Woolworths, Game&quot;}},{&quot;id&quot;:3432,&quot;slug&quot;:&quot;modi-mall&quot;,&quot;name&quot;:&quot;Modi Mall&quot;,&quot;lat&quot;:&quot;-25.0083&quot;,&quot;lng&quot;:&quot;28.4064&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Modi Mall is a community-oriented shopping centre located in Modimolle, Limpopo province, South Africa, on Thabo Mbeki Drive, serving as a key retail hub in the Waterberg District. With a gross leasable area of approximately 22,510 square meters, it was expanded in 2019 by 5,054 square meters to include a second food anchor, enhancing its appeal as a destination for local residents. Owned by Exemplar REITail with 100% economic interest, the mall features 72 stores, including national anchors like Shoprite and other grocery options, fashion retailers such as Foschini and Sheet Street, furniture outlets like OK Furniture, and recent additions like Platō Coffee. The tenant mix emphasizes essential retail categories including groceries, apparel, household goods, and services, with a McDonald&#39;s drive-thru for convenience. Positioned in a rural and township-focused market, it benefits from low competition in under-serviced areas, drawing from Modimolle&#39;s population of around 57,000 and the broader Modimolle-Mookgophong municipality of 130,000, predominantly black African (88%) with middle to lower-income demographics. Accessibility is strong via the main arterial route into town, though public transport and road infrastructure in Limpopo can pose challenges. Leasing advantages include stable occupancy aligned with the portfolio&#39;s 3.51% vacancy rate, average rents around R162 per square meter per month, and a focus on A-grade national tenants comprising 86% of the space. However, performance is influenced by regional economic factors, with like-for-like net property income growth of 7.6% reported for the portfolio in 2024. Drawbacks include potentially lower footfall due to rural setting and not being overly crowded, as noted in visitor feedback, alongside risks from market saturation in basic goods and dependency on local mining and agriculture economies.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Modimolle&quot;},&quot;anchor_tenants&quot;:&quot;Clicks, PEP, McDonald&#39;s, Spec-Savers, Sheet Street&quot;,&quot;distance&quot;:35.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;22510&quot;,&quot;anchor_tenants&quot;:&quot;Clicks, PEP, McDonald&#39;s, Spec-Savers, Sheet Street&quot;}},{&quot;id&quot;:3436,&quot;slug&quot;:&quot;lynnridge-mall&quot;,&quot;name&quot;:&quot;Lynnridge Mall&quot;,&quot;lat&quot;:&quot;-25.752&quot;,&quot;lng&quot;:&quot;28.268&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Lynnridge Mall in Lynnwood Ridge, Pretoria, is a 20,000 sqm neighborhood center built in 1962, with 80 stores over two levels. Anchored by Pick n Pay, Clicks, and Mr Price Home, the tenant mix focuses on groceries, pharmacy, clothing (e.g., Pep), fast food, restaurants, and home goods, with diverse specialty shops and 10 new tenants incoming. Occupancy is 95%, vacancy 5%, with 1,000 sqm available. Monthly footfall averages 125,000 (1.5M yearly), dwell time 45 mins, conversion 20%. Rents at 200 ZAR/sqm/month, sales 10,000 ZAR/sqm/year. Catchment (5km): 150,000 people, median age 35, HH income 250,000 ZAR, retail spend 15,000 ZAR/capita. Accessible via main roads, 800 parking spaces, bus stops; moderate pedestrian access. Positioned as premium suburban hub in Pretoria East, with security, events, 40% loyalty penetration. Competition from 3 malls within 10km, e-commerce (10% growth). Leasing benefits: stable demand, flexibility, growth potential in fashion/dining; risks: aging infrastructure, saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay,Clicks,Mr Price Home&quot;,&quot;distance&quot;:49.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;22960&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay,Clicks,Mr Price Home&quot;}},{&quot;id&quot;:3032,&quot;slug&quot;:&quot;the-orchards-shopping-centre&quot;,&quot;name&quot;:&quot;The Orchards Shopping Centre&quot;,&quot;lat&quot;:&quot;-25.64889&quot;,&quot;lng&quot;:&quot;28.09861&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Orchards Shopping Centre is a neighborhood retail center located at the corner of Doreen Avenue and Garden Road in The Orchards suburb of Akasia, Pretoria North, South Africa. It serves the local community in a middle-income residential area with a focus on convenience shopping. The center features anchor tenants such as SPAR supermarket and TOPS liquor store, alongside smaller retailers including pharmacies, banks, and local services. Total gross leasable area is estimated at around 15,000 square meters, typical for community centers in suburban Pretoria. Occupancy rates remain stable at approximately 90-95%, supported by essential retail categories that perform well in local markets. Footfall is driven by nearby residential density, with daily visitors estimated at 5,000-7,000 based on similar centers in the region. Rent levels range from R150 to R250 per square meter per month, competitive for neighborhood formats amid Pretoria Norths stable retail vacancy of about 5-7% per recent commercial reports. Accessibility is strong via major roads like Hekpoort Street and public transport, though parking can be limited during peak hours. The tenant mix emphasizes groceries (50% of space), health and beauty (15%), and services (20%), catering to family-oriented shoppers. Market position benefits from proximity to Akasia Hospital and schools, but faces saturation from larger nearby malls. Leasing advantages include low turnover in anchor positions and opportunities for pop-up stores in weaker categories like apparel. Challenges include competition from e-commerce and aging infrastructure in some units, with overall retail performance influenced by Gautengs 2-3% annual economic growth and rising household incomes in northern suburbs (LSM 6-8).&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;SPAR&quot;,&quot;distance&quot;:42.38,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;6000&quot;,&quot;anchor_tenants&quot;:&quot;SPAR&quot;}},{&quot;id&quot;:2339,&quot;slug&quot;:&quot;kolonnade-shopping-centre&quot;,&quot;name&quot;:&quot;Kolonnade Shopping Centre&quot;,&quot;lat&quot;:&quot;-25.6811357&quot;,&quot;lng&quot;:&quot;28.250665&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Kolonnade Shopping Centre, located in Montana Park, Pretoria North, operates as a regional retail hub with a gross leasable area of 75,997 square meters. Established in 1995, it stands as the largest and most established mall in the area, attracting shoppers from a primary catchment radius of 6-8 kilometers, encompassing middle-income suburban families and commuters via the nearby N1 highway. The tenant mix comprises over 150 stores, including anchor grocers, fashion outlets, health and beauty services, and specialty shops, alongside more than 20 restaurants and entertainment facilities such as cinemas, indoor go-karting, and bowling alleys. Adjacent Kolonnade Retail Park contributes an additional 39,660 square meters focused on lifestyle, sport, homeware, and hypermarket anchors like Pick n Pay and West Pack. Approximately 85 percent of tenants are national brands, supporting high occupancy rates around 95 percent. Accessibility is facilitated by ample free and covered parking, wheelchair services, and proximity to residential growth zones, though traffic on Sefako Makgatho Drive presents occasional challenges. In the Pretoria retail market, it holds a solid position with stable footfall driven by convenience and family appeal, but contends with broader Gauteng competition and economic factors like inflation. Leasing opportunities benefit from diverse category balance and operational upgrades, including recent refurbishments, yet potential drawbacks include market saturation in certain segments and vulnerability to national issues such as power outages.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Checkers Hyper, Woolworths, Edgars, Game, Dis-Chem&quot;,&quot;distance&quot;:41.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;76196&quot;,&quot;anchor_tenants&quot;:&quot;Checkers Hyper, Woolworths, Edgars, Game, Dis-Chem&quot;}},{&quot;id&quot;:3026,&quot;slug&quot;:&quot;sterland-mall&quot;,&quot;name&quot;:&quot;Sterland Mall&quot;,&quot;lat&quot;:&quot;-25.74724&quot;,&quot;lng&quot;:&quot;28.2037&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;Sterland Mall, located at the corner of Steve Biko and Pretorius Streets in Sunnyside, Pretoria, serves as a compact leisure and entertainment-focused retail center with a gross leasable area of approximately 7,607 square meters. Originally established in 1963 and refurbished in 2012 for R53 million, it underwent further upgrades in October 2024 costing R25 million, enhancing its appeal as a destination in Pretorias central business district area. The tenant mix emphasizes entertainment and convenience, anchored by an 11-screen Ster-Kinekor cinema (now under Ndlala Movie World), a Pick n Pay supermarket, Planet Fitness gym, various restaurants, and limited specialty retail outlets. This configuration draws visitors seeking quick leisure activities rather than extensive shopping. In the context of Pretorias retail market, which experiences saturation with over 50 shopping centers and rising vacancies averaging 10-15 percent in 2024 due to economic pressures and e-commerce growth, Sterland occupies a niche position as an urban entertainment hub near government offices, the University of Pretoria, and residential neighborhoods. Its proximity to major roads including the N4 highway supports accessibility, though public transport reliance in the CBD can pose challenges. Leasing advantages include stable anchor tenants providing consistent footfall, estimated at moderate levels driven by cinema attendance and gym memberships, with potential for event-driven traffic from the adjacent convention facilities. However, the small scale limits category diversity, and competition from larger regional malls like Menlyn Park (with 130,000 m2 GLA and higher occupancy) or Brooklyn Mall (vacancy at 18.7 percent in 2024) pressures smaller retailers. Rent levels in central Pretoria typically range from R150 to R250 per square meter monthly for similar properties, influenced by turnover rents tied to sales performance. Operational quality benefits from recent renovations improving infrastructure, but aging elements and urban density may increase maintenance costs. Demographic profiles indicate a catchment of 200,000-300,000 within a 5 km radius, comprising students (over 56,000 at University of Pretoria), young professionals, and government employees with middle-income levels averaging R15,000-R25,000 monthly household income. Risks involve economic downturns affecting discretionary spending on entertainment, potential footfall declines from remote work trends, and saturation in fast-food and cinema categories across Pretoria, where market reports note a 5-7 percent annual decline in traditional retail visits post-2020.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay, Planet Fitness, 11 movie theatres, Restaurants&quot;,&quot;distance&quot;:49.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;7607&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay, Planet Fitness, 11 movie theatres, Restaurants&quot;}},{&quot;id&quot;:5412,&quot;slug&quot;:&quot;kolonnade-retail-park&quot;,&quot;name&quot;:&quot;Kolonnade Retail Park&quot;,&quot;lat&quot;:&quot;-25.678505&quot;,&quot;lng&quot;:&quot;28.2531122&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Kolonnade Retail Park is a value-oriented retail destination in Montana Park, Pretoria, Gauteng, with a gross leasable area of approximately 39,660 square meters across 43 stores in a single-level U-shaped layout. Opened in 2006 and expanded in 2011, it occupies a strategic position on the corner of Sefako Makgatho Drive and Enkeldoorn Avenue, 2 kilometers from the N1 Polokwane Highway, serving northern Pretoria residents beyond the Magalies Mountains. The tenant mix emphasizes lifestyle categories, including sport, health, homeware, furniture, decor, and brand outlets, anchored by a 12,261-square-meter Pick n Pay Hypermarket offering groceries, clothing, and pharmacy services; MRP Home and Sport at 4,590 square meters; and West Pack Lifestyle at 2,478 square meters. Additional national tenants, comprising 85 percent of the park, include Sportsmans Warehouse, Puma, Virgin Active Health Club, Coricraft, and food options like Burger King drive-thru. It complements the adjacent Kolonnade Shopping Centre, creating a robust retail node with high visibility and 180,000 monthly passing vehicles. The primary catchment within a 6-8 kilometer radius accounts for over 50 percent of shoppers, primarily married individuals aged 25-50 with families, 84 percent property owners (45 percent unbonded), and a majority in LSM 8-10 segments, indicating solid disposable income for lifestyle spending. Occupancy remains strong at around 95 percent, supported by defensive national anchors and low occupancy cost ratios near 9.5 percent, fostering stable leasing. Market position benefits from the growing Tshwane metropolitan business zone, though faces saturation in Pretorias value retail segment. Leasing advantages include flexible spaces for speciality retailers, community-oriented operations with SACSC awards for relations in 2010, 2012, 2016, and 2018, and ample free parking enhancing accessibility. Potential challenges involve competition from nearby centers and economic pressures on non-essential categories like homeware amid broader retail slowdowns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Pretoria&quot;},&quot;anchor_tenants&quot;:&quot;Pick n Pay Hyper, MRP Home \u0026 Sport, West Pack, Sportsmans Warehouse&quot;,&quot;distance&quot;:41.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;39660&quot;,&quot;anchor_tenants&quot;:&quot;Pick n Pay Hyper, MRP Home \u0026 Sport, West Pack, Sportsmans Warehouse&quot;}}]}" data-map-update-url-value="/malls/the-carousel-casino-and-entertainment-world" id="mall-map-wrapper"><div data-city="Babelegi" data-current-mall="true" data-id="the-carousel-casino-and-entertainment-world" data-lat="-25.31045" data-lng="28.29283" data-map-target="mall" data-name="The Carousel Casino And Entertainment World" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">50 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">150,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.3</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">23,000 ZAR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">33.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">95 Index (SA=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">25,000 ZAR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">4,500 ZAR per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">8,000 ZAR per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">3,200 ZAR per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,200,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">120,000 ZAR per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">100 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">31,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">200 ZAR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Adjacent Distance</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Moderate Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,150 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Low Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple annually Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">50.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phased to 2027 Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>