Sandton City is fully occupied for the first time in 45 years

Sandton City, one of SA’s premier shopping malls in Africa, is now fully let for the first time in 45 years.

This is amidst the time when most shopping malls are struggling due to a recession.

The centre has reportedly spent the past three years signing up more luxury brands than any other shopping centres in the country.

COO at Liberty Two Degrees (L2D) Jonathan Sinden says Sandton City trades exceptionally well against its peers in terms of the trading matrix. It trades at about 44% above other centres.

She is an old lady, she has been around for 45 years and she has defied logic and reason as she keeps on growing and we are very excited about Sandton.

Jonathan Sinden, COO at Liberty Two Degrees (L2D)

We've gone the fintech route and we've put camera-based technology to track our customers and we've worked out what our customers need. We know our customers' demographics, we know when they come to the mall and we are answering their needs.

Jonathan Sinden, COO at Liberty Two Degrees (L2D)

We need to provide the best offering for our customers.

Jonathan Sinden, COO at Liberty Two Degrees (L2D)

To hear the rest of the conversation, listen below:


This article first appeared on CapeTalk : Sandton City is fully occupied for the first time in 45 years


Recommended

by NEWSROOM AI
Read More
Big shopping malls across SA will scrap parking fees or charge just R5 from 2019

Big shopping malls across SA will scrap parking fees or charge just R5 from 2019

A major South African mall owner says it will scrap parking fees at some shopping centres next year, reports Phillip de Wet.

'We are happy the need for energy security was highlighted'

'We are happy the need for energy security was highlighted'

Minister of Energy Jeff Radebe reacts to the Investment Conference being held in Sandton.

Man jumps from 6th floor of Discovery building in Sandton

Man jumps from 6th floor of Discovery building in Sandton

A caller shares their eyewitness account of the incident at the Discovery building in Sandton.

Who will come out victorious? Survivor SA's top 3 get candid on eve of finale

Who will come out victorious? Survivor SA's top 3 get candid on eve of finale

They spent 39 days sleeping in the sand, eating rice, shivering through storms, and surviving backstabbing from their teammates.

Beira, Mozambique has lots of markets but no shopping malls

Beira, Mozambique has lots of markets but no shopping malls

Lee Kasumba on her #AfricaConnected journey says Mozambique's rail infrastructure and transport system is old and need upgrades.

Popular articles
Author of new Bosasa exposé explains why he calls it a cult

Author of new Bosasa exposé explains why he calls it a cult

News 24 editor-in-chief and author Adriaan Basson describes how the Watson brothers manipulated and swindled ANC leaders.

'Audit found Mango and Comair planes were signed off by unqualified persons'

'Audit found Mango and Comair planes were signed off by unqualified persons'

The South African Civil Aviation Authority explains some of the findings of its maintenance audit at SAA Technical.

'I want to ensure my money delivers change to as many people as possible'

'I want to ensure my money delivers change to as many people as possible'

Black Business Council president Sandile Zungu on his attitude toward money (hopes and fears, successes and failures, etc.).

'Mbete faced difficult questions. She has done a lot in terms of responding'

'Mbete faced difficult questions. She has done a lot in terms of responding'

Xolani Xala (SA Business Abroad) defends his defence of ANC stalwart Baleka Mbete’s "car crash" interview on Al Jazeera.

[WATCH] Oprah roasts student about his cracked phone, then buys him a new one

[WATCH] Oprah roasts student about his cracked phone, then buys him a new one

Khabazela shares tweets and Facebook posts that have gone viral.

Why Vestact is buying Discovery (JSE), Long4Life (JSE) and Booking.com

Why Vestact is buying Discovery (JSE), Long4Life (JSE) and Booking.com

Portfolio Manager Byron Lotter shares his stock picks of the week with Bruce Whitfield on The Money Show.

[WATCH] Toddler upset that mom didn't give him a goodbye kiss, is so adorable

[WATCH] Toddler upset that mom didn't give him a goodbye kiss, is so adorable

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Boy explaining what he heard when parents had sex goes viral

[WATCH] Boy explaining what he heard when parents had sex goes viral

Khabazela shares tweets and Facebook posts that have gone viral.