https://www.engineeringnews.co.za

Growthpoint Properties a step closer to wholly owning N1 City Mall

11th August 2017

By: African News Agency

  

Font size: - +

JSE-listed Growthpoint Properties got one step closer to acquiring N1 City Mall from Redefine Properties after the Competition Commission recommended to the Competition Tribunal that its proposed merger be approved without conditions.

The 64 000 m2 N1 City Mall, with over 140 stores, is situated in Goodwood, Cape Town, and is jointly owned by Growthpoint and Redefine.

The Commission said the proposed transaction was unlikely to substantially prevent or lessen competition in the market for rentable comparative shopping centres within a 15 km radius from the target property. In addition, the Commission said the proposed transaction does not raise any public interest concerns.

Growthpoint is the largest South Africa JSE-listed Real Estate Investment Trust with a market capitalisation of R71.5-billion and a combined property assets are valued at R112.5-billion.

Edited by African News Agency

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest Multimedia

Photo of Martin Creamer
On-The-Air (08/05/2026)
Updated 2 hours 20 minutes ago By: Martin Creamer

Showroom

Lion Alcolmeter® 700
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 08 May 2026
Magazine round up | 08 May 2026
8th May 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.06 0.112s - 135pq - 2rq
Subscribe Now