Zimbabwe News Update

🇿🇼 Published: 03 August 2026
📘 Source: The Citizen

This is a dramatic improvement from the near-20% level (excluding the cushion provided by the previous head lease arrangement) in the previous year. The mall is visibly busier, and not only on month-end weekends. From October, it extended its trading hours to 8pm between Mondays and Saturdays, and 7pm on Sundays and public holidays.

It also zero-rated parking after 5pm to encourage shoppers to stop there after work. The mall is now averaging more than one million visitors per month, with an achievement of 1.7 million in December 2025, a 20% increase on the prior year. This is the result of active management by retail specialists Flanagan & Gerard and the Moolman Group, who were appointed to run the property in February 2024.

Flanagan & Gerard says that when it took over the asset, it faced several “harsh realities” including “leaking roofs, under-lit fire escapes, underutilised spaces and outdated systems”. It has developed some well-known retail centres, including Ballito Junction, Menlyn Maine, Morningside Shopping Centre, Middelburg Mall, Paarl Mall and Mall of the North. It says that “once burdened with structural decay, high vacancies and outdated infrastructure”, Fourways Mall “now stands as a glowing symbol of what’s possible when vision meets action”.

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It has achieved this by focusing on “leasing, tenant mix, customer experience and day-to-day management”. This improvement has come despite the group creating additional gross lettable area (GLA) at Fourways Mall of 4 399m². The mall is almost unrecognisable from the asset it took over managing more than two years ago.

Vacancies are noticeably lower than they had been since the redevelopment of the retail property in 2019. The focus now is on the imminent opening of The View on the western side of Fourways Mall, along Cedar Road. Here, it is creating a “stronger food and lifestyle node”, with an investment of R100 million over the past year.

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📰 Article Attribution
Originally published by The Citizen • August 03, 2026

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