globe retail outlook data

 

  • Retail
  • Office
  • Log In
https://smg.cbre.com/images/default-source/default-album/header-image.jpg?sfvrsn=69c20d96_0

Retail By City

PretoriaSouth Africa

City not ranked

City Overview

Pretoria is located with the Gauteng Province. Although Gauteng occupies only 1.5% of the country’s land area, it is the financial hub of South Africa and real annual economic growth rates for 2016 indicate a growth of 1.4% for the province.

The main cities in Gauteng include Johannesburg and Pretoria. Pretoria, home of the Union Buildings, is the administrative capital of South Africa and the Government is the biggest tenant in the central business district. The City of Tshwane is home to approximately 2.9 million people (2011 census data) and covers an area of 6,298.4 km². Of the city’s total population 71.9% are of working age (i.e. between 15 and 64 years old). Additionally, it has been recorded that roughly 911,536 households make up the city with the majority (15.5%) having an average household income of between R19,601 - R38,200. The main economic sectors making up the city’s economy include community services and government along with finance and manufacturing.

Gauteng has roughly 11.1 million m² of formal retail shopping centre space. Pretoria is home to Menlyn Park Shopping Centre (177,000m²), Centurion Mall (112,828m²) and others. Additionally, a mixed-use green city precinct, Menlyn Maine, can be found within Pretoria with various components such as Central Square and Sun International’s Time Square Casino. Central Square comprises a 30,000m² shopping centre along with a hotel, office tower and more.

As at Q2 2018 the retail market appeared to be at a slowdown, possibly a result of consumers being under pressure due to current economic conditions, leaving less disposable income available for retail activities.

Things to do

See

Work

CBD, Hatfield, Pretoria East


Rest

Shopping Centres, various sporting activites such as Rugby


And be seen

Eat

De Kloof, Kream, Villa San Giovanni Ristorante, Granita Signature Restaurant, Ritrovo Ristorante, Restaurant Mosaic, Fermier, Sun International Time Square Casino and Central Sqaure in Menlyn Maine inclusive of restaurants such as Guy Fieri’s Kitchen & Bar, and many others.


Drink

Sun International Time Square Casino, various bars and nightclubs


Be Merry

National Zoological Gardens of South Africa, Voortrekker Monument & Heritage Site, Rietvlei Nature Reserve, Pretoria National Botanical Gardens and Roodeplaat Dam


Other Cities in South Africa

Contact Us

Lizelle Cloete
61 Katherine Street
Sandton, 2196
+27 11 441 4135 | lcloete@broll.com