Flanagan & Gerard is set for another ground-breaking year...
With two new mall openings this month, its existing portfolio delivering strong positive trade and a duo of major developments in the pipeline.
2012 sees two new gems added to the Flanagan & Gerard retail chest. The eagerly awaited 43,000m² Middelburg Mall and 23,000m² Nicolway Bryanston.
Since inception Flanagan & Gerard has developed the superregional Mall of the North in Polokwane, Regional Shopping Centres Paarl Mall, Vaal Mall in Vanderbijlpark and Highveld Mall in eMalahleni, as well as New Redruth Village in Alberton, Morningside Shopping Centre in Sandton, and Bedworth Centre and Makro both in Vanderbijlpark. Each being a noteworthy trading success.
Developing shopping centres which open fully let, on time and deliver strong trading swiftly and consistently, has become the hallmark of Flanagan & Gerard.
Well-known as developers, Flanagan & Gerard's property investment is less often highlighted. However, the company is passionate about investment in the developments it undertakes.
With its admirable ability to keep a development pipeline, Flanagan & Gerard already has its next projects lined up, with a pair of retail developments scheduled for imminent announcement.
"Taking a stake in our developments is integral to our business model. First, it displays our confidence in a development, it also shows our commitment to our projects' continuing performance. Our retail developments make sound financial sense and deliver as investment-grade assets," says Peter Gerard.