Property Writer
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Growthpoint Properties is nearing the final stages of its R75m redevelopment of Walmer Park Shopping Centre in Gqeberha as the listed property group splashes more capital on the established retail asset ahead of the busy festive trading period.
The country’s largest listed real estate investment trust (Reit) began work in March, with completion expected in November while the centre remains operational.
The final phase began in July and will complete the new internal mall area, including a link between the expanded Cape Union Mart and the new Edgars store, the group said.
