Akani shopping mall development and refurbishment projects, South Africa
Name of the Project
Akani shopping mall development and refurbishment projects.
Location
In the Faerie Glen suburb, in Gauteng, and the town of Zeerust, in the North West, in South Africa.
Project Owner/s
Black-owned property development, management and investment company Akani Properties.
Project Description
The Autumn Leaf Mall entails the construction of a 20 000 m2 shopping centre in Zeerust, while the Glen Village upgrade project in Pretoria East entails the full refurbishment and extension of the mall.
Potential Job Creation
Not stated.
Capital Expenditure
R600-million.
Akani will invest R370-million in the Autumn Leaf Mall development and R228-million in Glen Village Mall.
Planned Start/End Date
The Autumn Leaf Mall is scheduled to open in September 2022 and the Glen Village is expected to be completed in November 2022.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Akani Properties, tel +27 11 578 5338 or email info@akaniproperties.co.za.
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