Investec Property develops new shop centre in Mayfield

Investec Property is developing a new strategically located retail development‚ this time in Mayfield‚ Daveyton.

The 25‚000m2 shopping centre‚ to be known as Mayfield Square‚ will be substantially larger than any other retail offering in Daveyton and will also service the surrounding suburbs and Benoni.

Mayfield Square will be anchored by Pick ‘n Pay and Shoprite. Other tenants include Edcon‚ Truworths‚ Foschini‚ Ackermans‚ Pep‚ Morkels‚ Clicks‚ Barnetts and Ellerines‚ with Nedbank‚ Capitec Bank and African Bank also represented. A centrally located food court will connect the main shopping and recreational areas.

Darryl Mayers‚ head of Investec Property’s retail division‚ said: “We continue to focus on connecting communities to major retailers in areas where there is strong demand from both. Mayfield is ideally situated to give the immediate community convenient access to essential services and we have high levels of interest from retailers‚ which is stimulating the development.”

Ground is expected to be broken early in 2013‚ and the centre should be open to trade in 2014.