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Two shopping malls being sold in South Africa’s richest city for R215 million  | SA News

Luke Fraser
 ·27 Dec 2025

Accelerate Property Fund has received clearance from the Competition Commission to sell two malls in Fourways, Johannesburg. 

Accelerate is a real estate investment trust with its largest asset being the Fourways Mall – the nation’s largest shopping mall. 

Amid financial issues over the last several years, especially at Fourways Mall, the group has been selling non-core assets. 

In August, the group announced that it was selling the Buzz Shopping Centre and Waterford Centre in Fourways, for a combined total of R215 million,…

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  1. Fun South African Fact: There are more than 2000 shipwrecks off the South African coast, most dating back at least 500 years.