Fourways Mall was reported to be undergoing a makeover in June 2019, but it has only been two months until the mall re-opened after multi-million redevelopment.
The mall looks incredible.
Accelerate Property Fund’s Chief Executive Michael Georgiou said launch of Fourways Mall is a 10 years vision, which is being realised.
COO Andrew Costa added that their focus remains on tenant retention and introduction of new tenants to their portfolio.
“We want to partner with tenants and give them incentives during these difficult economic conditions. The mall has double size and is larger than Pretoria’s Menlyn Park, Sandon City, Gateway Theatre of Shopping in Durban and even Mall of Africa. There are approximately 250 new stores that were added, in order to bring the store directory to a whopping 450 in total… The stores include Checkers, Woolworths, Dis-Chem, Game, Pick ‘n Pay, Food Lovers Market, Cotton On and H$M, to mention a few,” said Costa.
He added that the mall currently provides parking for more than 8 000 vehicles around its 52 entrances. Costa said colorful nodes will assist shoppers navigate through the maze of stores.
Georgiou said according to Accelerate Property Fund, Fourways has grown due to urbanization and urban sprawl.
“The area is on the outskirts of Johannesburg metropolis, putting it in the prime spot between Roodeport and Sandon. It has been experienced growth in residents coming over the last five years. The fund’s aim was to capitalize on Fourways Mall’s dominant position, and partner with Fourways Prencint to build the largest and most sought after Centre in South Africa”, he said.
