The heirs of Kenyan billionaire Nelson Muguku are approaching a deal to sell their Karen mall for approximately $70 million, significantly below its 2021 asking price.

RetailSouth AfricaKenya

via Billionaires.AfricaUpdated 25 days agoPublished Jul 22, 2026

Read

Fairvest Property Holdings

Fairvest Buys Jozini Mall and Tugela Ferry Mall, KwaZulu-Natal

Fairvest acquired Jozini Mall (R399.1m) and Tugela Ferry Mall (R274.9m), two Shoprite-anchored KwaZulu-Natal shopping centres serving underserved communities, for a combined $38.9 million (R674 million) from Greater Atlantic Properties and Copperzone 163.

RetailSouth AfricaAfrica

BuyerFairvest Property Holdings SellerGreater Atlantic Properties and Copperzone 163Subject_assetJozini Mall

via Billionaires.AfricaUpdated 1 month agoPublished Oct 31, 2025

Read