Despite a harsh economic climate for consumers, the Clur Shopping Centre Index showed strong YoY growth (8.4%) in trading density for all shopping centres in South Africa and Namibia for 2023Q2, reaching an annualised R39,879/m2. Trading density, also known as sales density, takes total retail sales over total retail floor space to get a rand per metre value.
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Fact-a-Day
October 17, 2023
