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Johannesburg Retail Market Overview Q2 2015

​The muted growth in consumption and household credit is likely to see demand for retail accommodation remain largely unchanged from current levels.

Occupiers in super-regional malls can expect to see annual rental escalations averaging around 7.0%. 

Despite weak consumer confidence, the anticipation of new malls and the growing interest of international brands and retailers is indicative of the positive long-term outlook of the local retail sector.

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