{"id":92246,"date":"2019-05-15T14:34:16","date_gmt":"2019-05-15T12:34:16","guid":{"rendered":"https:\/\/mobserver.co.za\/?post_type=privateproperty_news&p=92246"},"modified":"2020-09-29T18:11:23","modified_gmt":"2020-09-29T16:11:23","slug":"impressive-festive-season-retail-performance-flanagan-gerard","status":"publish","type":"post","link":"https:\/\/develop.citizen.co.za\/middelburg-observer\/uncategorized\/2019\/05\/15\/impressive-festive-season-retail-performance-flanagan-gerard\/","title":{"rendered":"Impressive festive season retail performance from Flanagan & Gerard"},"content":{"rendered":"

The festive season is a fun time. For New buyers have the advantage in 2019, the 2018 festive season was particularly exciting, given that the shopping centre development company saw some top-level retail performance by several of its properties, as well as a five percent increase, over the months of November and December, in its overall portfolio\u2019s turnover rate since 2017.<\/p>\n

This was according to eProperty News, which noted<\/a> how this data signalled \u201cthat Black Friday has brought the start of the festive season earlier, spreading shopping across November and December.\u201d The data also showed that around the time of Black Friday 2018, November 23 to be specific, appliances and electronics were the most popular products amongst shoppers, December saw an increase in the purchase of groceries, liquor and children\u2019s clothes. Dining out was also a popular trend.<\/p>\n

The Managing Director of Flanagan & Gerard, Paul Gerard, discussed these findings, saying that \u201cthroughout the festive season it was clear that consumers were discerning in their purchases. Even so, our shopping centre portfolio delivered positive performance, which indicates some confidence for 2019.\u201d<\/p>\n

The are currently eight operating shopping centres developed by Flanagan & Gerard. Three of them managed to attract more than 1.1 million shoppers in December 2018, these being being Ballito Junction on the coast of KZN, and Thavani Mall and Mall of the North, both located in Limpopo.<\/p>\n

Aside from these three centres, Flanagan & Gerard also has existing developments in Springs, Vanderbijlpark (Vaal Mall), Emalahleni (Highveld Mall) and the Johannesburg suburb of Morningside. It\u2019s also in the process of transforming Maluti Crescent Shopping Centre in the Free State town of Phuthaditjhaba.<\/p>\n","protected":false},"excerpt":{"rendered":"

The shopping centre development company saw some top-level retail activity in the last two months of 2018.<\/p>\n","protected":false},"author":8172,"featured_media":93602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"hasGravity":false,"cxt_article_byline":"Central","cxt_disable_google_ads":false,"footnotes":""},"categories":[1408,24903],"tags":[],"class_list":["post-92246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homes","category-news"],"category_labels":{"Category":"Homes","SubCategory":"News"},"_links":{"self":[{"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/posts\/92246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/users\/8172"}],"replies":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/comments?post=92246"}],"version-history":[{"count":0,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/posts\/92246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/media\/93602"}],"wp:attachment":[{"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/media?parent=92246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/categories?post=92246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/develop.citizen.co.za\/middelburg-observer\/wp-json\/wp\/v2\/tags?post=92246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}