{"id":852981,"date":"2026-03-05T14:58:20","date_gmt":"2026-03-05T12:58:20","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=852981"},"modified":"2026-03-05T14:58:24","modified_gmt":"2026-03-05T12:58:24","slug":"popular-shopping-mall-built-over-a-main-road-in-south-africa-being-sold","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/852981\/popular-shopping-mall-built-over-a-main-road-in-south-africa-being-sold\/","title":{"rendered":"Popular shopping mall built over a main road in South Africa being sold"},"content":{"rendered":"\n

The Competition Commission has approved the proposed sale of The Bridge Shopping Centre in Gqeberha to Capelink Investments.<\/p>\n\n\n\n

The shopping mall is a popular destination in the metro, annexed to the 50,000-square-metre Greenacres Shopping Centre in the same area.<\/p>\n\n\n\n

The Bridge gets its name from its unique layout, built over CJ Langenhoven Drive below.<\/p>\n\n\n\n

The commission has approved the proposed transaction where Capelink Investments intends to acquire the mall, without conditions.<\/p>\n\n\n\n

Capelink Investments is wholly owned by Mantz Holdings Proprietary Limited, which is active in property investment and property leasing.<\/p>\n\n\n\n

Relevant to the merger, the group owns two retail properties close by\u2014the Dischem Building, about 1.4 kilometres away from The Bridge, and the Kwanobuhle Shopping Centre, about 27km away.<\/p>\n\n\n\n

The commission said that the proposed transaction is unlikely to substantially lessen or prevent competition in any relevant market, nor does not raise significant public interest concerns.<\/p>\n\n\n\n

The mall is being acquired from a group of investment funds, including Acucap Investments, the Phumula Retirement Fund, and the Municipal Employees Pension Fund.<\/p>\n\n\n\n

The mall itself is classified as a minor regional centre. However, it is attached to the much larger Greenacres Shopping Centre, which is currently owned by Growthpoint Properties.<\/p>\n\n\n\n

Greenacres was established in 1981, built on the former Fairview Racecourse.<\/p>\n\n\n\n

Over the years of development, it was eventually joined by The Bridge and two other major retailers to create an over 90,000-square-metre retail node, all owned by separate groups.<\/p>\n\n\n\n

Greenacres underwent a R400-million-plus redevelopment around 2016 and has grown to over 58,000 square metres.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n
\"\"<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

The Competition Commission has approved the proposed sale of The Bridge Shopping Centre in Gqeberha to Capelink Investments.<\/p>\n","protected":false},"author":10,"featured_media":852998,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[1516,24936],"class_list":["post-852981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-competition-commission","tag-the-bridge"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/852981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=852981"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/852981\/revisions"}],"predecessor-version":[{"id":853004,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/852981\/revisions\/853004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/852998"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=852981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=852981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=852981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}