Business

Vukile Property Fund finds itself in SA retail’s ‘sweet spot’

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22 June 2025 – 09:09

by THABISO MOCHIKO

Vukile Property Fund says consumers are visiting malls less frequently, but when they do they spend a lot more money per visit, which has boosted the group’s retail portfolio performance in the year to March.

Vukile owns 33 shopping centres in South Africa, mainly in townships and rural areas. Its South African portfolio is valued at R16.7bn and includes: ..

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