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Redefine Properties' Polish deal impresses market analysts sacommercialpropnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sacommercialpropnews.co.za Daily Mail and Mail on Sunday newspapers.
Shopping malls were already in crisis before the Covid-19 pandemic, with the worry in the real estate industry centered around the fate and fortunes of mega malls across South Africa. Dominant and large malls have become one of the most challenging sectors of the real estate industry in recent years. They have lost their lustre as a main source of entertainment for families and the SA economy was already in the doldrums pre-Covid-19, impacting consumer spending and retail therapy patterns. The worry about shopping malls has intensified among industry players as there is also a step-change in the behaviour of consumers, with more people embracing online shopping and avoiding crowded malls for fear of contracting Covid-19. ....
Market watchers don’t believe in the office apocalypse narrative as there are encouraging signs that life is slowly returning to normal, with more companies asking workers to return to the office. The roll-out of Covid-19 vaccines is key to getting people back to the office. ....
The damage to County Hall - Credit: Norfolk County Council Council officials and members of the public have criticised the actions of an anti-political protest group in Norwich yesterday. It was part of a nationwide action by Burning Pink in response to perceived inaction from local authorities on their climate and ecological emergency declaration. A letter dated January 18, 2021, was delivered to councils nationwide as Burning Pink stated that politicians have engaged in “a treasonous betrayal of the British people by refusing to tell them the truth and refusing to protect our communities and nation”. City Hall remains stained after specialists cleaned up the majority of the paint ....