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BT Ngebs Mall project, South Africa

2nd August 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
BT Ngebs Mall project, Eastern Cape, South Africa.

Client
Billion Group.

Project Description
The 60 000 m2 BT Ngebs Mall project in Mthatha, in the Eastern Cape, will be the largest shopping centre of its kind in the region and will service an estimated 390 000 existing households in the area.

Shoppers will have access to South Africa’s largest retailers and various food and fashion franchises under one roof.
Confirmed retailers include Pick n Pay, Shoprite, Clicks, Food Lovers Market, Woolworths, Foschini Emporium, Truworths, Edgars, Jet, @Home, Fabiani, Jenni Button, Hilton Weiner, Aca Joe, Urban, Vertigo, Soviet, Queue, Franco Ceccato, John Craig, the major banks, House & Home, various food franchises, The Hub, Identity, Totalsports, Sportscene, Exact, Pep, Studio 88, Legit and CNA.

Value
R1.3-billion.

Duration
Trading is expected to start in April 2015.

Latest Developments
Billion Group, officially broke ground on the development on July 4.

The group expects to create up to 2 500 job opportunities during the construction phase, followed by an additional 2 300 to 2 500 permanent positions jointly through Billion Group and its tenants, once trading starts.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Billion Group, Sisa Ngebulana, tel +27 11 511 5335 or email info@billiongroup.co.za.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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