It shows you the incredible resilience of this asset… This centre has something very special that doesn’t exist everywhere… It trades for seven days a week… The place is always full… They [retailers] want to be in Sandton. They don’t want to be anywhere else...— Amelia Beattie, Liberty Two Degrees
Sandton City is fully let for the first time in its 45-year existence.
Vacancies at similar shopping centres currently average 5.8%, according to the SA Property Owners’ Association.
A 0% vacancy is highly unusual, even in good economic times, which these are not.
Listen to the interview in the audio below.
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