News: Retail

ICSC Announces Membership Agreement with SACSC

Aware of the affect that a strong unified retail real estate industry can have in regards to addressing advocacy and other industry issues, the International Council of Shopping Centers (ICSC) has struck a collaborative membership agreement with the South African Council of Shopping Centres (SACSC). SACSC joins a number of other national councils that have signed agreements with ICSC in the last 18 months, including the Shopping Centre Association of India (SCAI), the Shopping Centre Council of Australia (SCCA) and the British and French Councils of Shopping Centres. On 1 January 2014, all of SACSC's 2,260 members will become ICSC members as well. Michael Kercheval, president and CEO of ICSC, and Marius Muller, president of SACSC, made the announcement during SACSC's conference on September 12in Johannesburg. "This collaborative agreement is a significant step towards strengthening the global shopping centre industry," Kercheval said. "SACSC has always put its members first, and this agreement will provide SACSC's members with all the benefits and services of ICSC," he added. ICSC will collaborate with SACSC to provide education, advocacy, research and networking opportunities for the retail real estate industry. They will work together to develop publications, workshops, programs and other events. "SACSC has long provided our members with quality resources and support and nurtured the growth of the industry in South Africa and on the continent," said Amanda Stops, CEO, SACSC. "The collaboration with ICSC will provide our members with significant additional benefits and enhance our association's influence outside of the region through ICSC's global network. I am confident that the relationship will be beneficial to our members and the industry here in South Africa."
Tags: Retail
MORE FROM Retail
Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.