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Liberty Promenade Shopping Centre

Liberty Promenade, located in the heart of Mitchell’s Plain, Cape Town, is the shopping destination of choice for residents of both Mitchell’s Plain and the Khayelitsha area.

Liberty Promenade shopping centre is currently the best performing asset in the portfolio in terms of its relative trading growth. At 30 June 2018, the centre recorded double digit growth in turnover of 4.1% year on year. The team continues to focus on further enhancing growth by right sizing certain tenants and introducing new tenants for the aspirational shopper. A plan is in place for Day Zero with water saving initiatives already reducing consumption by 20%.

Ownership 31%
Location Mitchells Plain, Western Cape
Sector Retail
Average net rental per m² 151
GLA (m²) 73,400
Vacancy 1.3%
Trading density (R/m²) 39,648
Major retail tenants by GLA Pick n Pay, Game, Edgars, Woolworths, Ster Kinekor
Number of tenants 172

Liberty Promenade Shopping Centre Contact Details:

AZ Berman and Morgenster Road, Mitchell’s Plain, 7789