MIDRAND TO GET SA’S BIG­GEST MALL

Finweek English Edition - - Property -

THE MUCH TALKED ABOUT Zonk’Iz­izwe mixed-use de­vel­op­ment – first mooted by Old Mu­tual 10 years ago – should fi­nally get off the ground in Midrand by June next year. The project will be the big­gest shop­ping cen­tre ever built in South Africa, with rights for 160 000sq m of re­tail space. The first phase of 200 000sq m is ex­pected to be com­pleted by Oc­to­ber 2011 at a cost of around R7bn.

Be­sides re­tail, Zonk’Iz­izwe will in­clude two ho­tels, a large of­fice com­po­nent and 4 000 res­i­den­tial units.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.