Orange Farm gets R400m Shopping Mall, Sacommercialpropnews.co.za – SA Commercial Prop News
Orange Farm gets R400m Shopping Mall, Sacommercialpropnews.co.za – SA Commercial Prop News
Just in time for the festive season shopping rush, the eagerly-awaited 27,000sqm, R400 million regional Eyethu Orange Farm Mall opened its doors last week Tuesday.
Located midway between Johannesburg and Vereeniging – broke ground last year in June.
The Mall is 10% owned by its community, through the Orange Farm Community Trust, and is set to transform Orange Farm into a booming central business district.
Together with the community’s 10% stake, facilitated by the National Empowerment Fund, Eyethu Orange Farm Mall co-owners are developers Flanagan & Gerard Investments and Stretford Land Developments and JSE-listed REIT Dipula Income Fund, each of which hold 30% of the mall’s ownership.