Why use Urban Studies?
Urban Studies was founded in 1990
We understand property in cities, towns and rural areas
During 2017 the retail sales figures in South Africa for the first time exceeded R1 trillion. Based on current values, retail sales increased from R939 billion in 2016 to just over R1 trillion in 2017.
It is an interesting time for retail property in South Africa at the moment, with a number of challenges facing shopping centre owners and developers,and yet with certain opportunities still present in the market. Dr Dirk Prinsloo, MD of specialist research firm Urban Studies, highlights a few of these for Shopping SA.
One of the most asked questions at this point in time is: “How saturated is the retail shopping industry in South Africa and what new opportunities still exist?”