New Africa Developments Buys Kalahari Mall in Upington

New Africa Developments has completed the purchase of Kalahari Mall in Upington, securing one of the largest retail property transactions in the Northern Cape.

Expanding into the Northern Cape

The acquisition represents New Africa Developments' first venture into the Northern Cape region. By taking ownership of Kalahari Mall, the firm integrates a major regional retail property into its existing asset holdings. The shopping centre acts as a primary retail destination for Upington, nearby towns, and international cross-border shoppers, anchored by established national brands and supported by consistent consumer demand.

Asset Upgrades and Future Growth

New Africa Developments intends to execute a comprehensive refurbishment programme for the property. Plans include tenant mix adjustments and potential gross leasable area expansion to improve the shopping centre's long-term commercial performance and local positioning. For commercial property investors and retail operators monitoring regional transactions, this acquisition highlights ongoing investment activity and value-add strategies within secondary South African retail property markets.

Source: Rode Media, 14 September 2026.

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