Tgif
No. 119 – 15 June 2007
WELCOME to our fortnightly NEWSLETTER
MEMBERS and SHOPPING CENTRES ONLY
WEBSITE: www.shoppingcouncil.co.za
ADDING VALUE AND SERVING YOU EVEN BETTER IN 2007
1. RETAIL SALES FALLING AS INTEREST RATES START TO BITE
According to Statistics SA retail sales for April fell 4,2% with annual growth slowing to its lowest pace in 19
months. Retail sales grew a seasonally adjusted 5,4% compared with April last year, down from 10,5% in March
and the lowest annual rise since September 2005. The rates rise in the second half of 2006 has started impacting
spending and the Reserve Bank’s latest hike is expected to dampen down spending even further. However, the
rise in spending on basic goods from newly employed people with low incomes should keep tills tinkling.
2. MOVERS AND SHAKERS
Nedbank Corporate Property Finance has announced that Brian Roberts has been appointed divisional director
of its Gauteng region with immediate effect. Roberts has taken over from Ken Reynolds who has taken over a
national role to facilitate a broad range of deals. Roberts has worked for Nedbank before and until he rejoined
the bank earlier this year was managing director of Zenprop.
3. DERIVATIVES MARKET: LEARN FROM THE EXPERTS
Property fund managers, asset allocation and property risk managers, lending bankers, professional advisers to
property fund managers, lawyers and
accountants dealing with property companies
and funds should take note.
Investment Property Databank (IPD) Training is
presenting a one-day seminar on understanding
property derivatives. Venue is Melrose Arch
hotel in Johannesburg and date is 14 June
Members should contact Anja Thompson at
0121 883 4986 for more information and a
booking form. Don’t delay as the seminar
should be a sell-out.
4. SHAREHOLDERS APPROVE
WOOLWORTHS EMPOWERMENT DEAL
Woolworths Holdings has announced that its
shareholders had approved its black economic
empowerment deal which will see eligible employees taking up around 10% of its stock.
5. FINAL REMINDER ABOUT ICSC EUROPE’S 5-DAY RETAIL PROPERTY SCHOOL
For the fifth time ICSC Europe is to hold its Retail Property School. Venue is La Meridien in Brussels
and dates are 24 to 29 June. Modules, for attendees with less than three years’ experience in the industry,
include the fundamentals of shopping centre management and the essentials of shopping centre marketing.
More experienced attendees can choose between advanced strategic knowledge of shopping centre
marketing or advanced strategic knowledge of shopping centre management. For more information contact
www.icsc.org/2007ERPS .
6. MUSICA TO FACE THE MUSIC
July 23 is the date on which Musica, part of the Clicks stable, is to appear in the Commercial Crime Court
in Pretoria. The allegation is that the retailer has sold counterfeit Sony PlayStation2 consoles and memory
cards.
7. GET INVOLVED WITH YOUR LOCAL CHAPTER
There is a chapter of the SA Council of Shopping Centres in most of South Africa’s major centres near
you. Meet your colleagues in the industry and share your ideas. Set yourself a target of inviting at
least two guests for each function you attend. Chapter committee members have been tasked with specific
functions and a call to your local chapter may see you getting involved in some task which may be of great
interest.
Contact your nearest chapter and maximise your membership benefits today. For details see end of Tgif
8. GOOD NEWS ON THE CHAPTER FRONT
The news is that the SACSC has formed new satellite chapters to serve members located some distance away
from the main chapters in some of the major centres. East London members will no longer have to travel to
Port Elizabeth to attend chapter functions. Similarly, members living in the Free State province will see their
lives being made easier through the formation of a satellite chapter in Welkom. And for those members living
in Nelspruit a new chapter has been formed.
The decision has also been taken to merge the Johannesburg and Tshwane/Pretoria chapters. The existing
chairpersons, Beverley Deans of Johannesburg and Clint Ralph of Tshwane/Pretoria, will act as cochairpersons. The chapter will be based in Johannesburg and will be called Gauteng.
The SACSC welcomes the new chapter chairpersons, Joseph Parsley of East London, Wendy Andrews of
Welkom and Cornelia Zoomers of Nelspruit. Contact details for the new chapters are at the end of this issue
of Tgif. Contact these new chapters and get involved at a local level.
9. FOOTPRINT AWARDS: CLOSING DATE FOR ENTRIES
Entries for the prestigious Footprint awards, to recognise excellence in shopping centre marketing, close on
31 August. Entry forms are available on the SACSC website, www.shoppingcouncil.co.za (Award
Programmes). The gold awards will be presented as well as what formerly was called the Grand Prix award
and will henceforth be one of four Spectrum awards, at the first Spectrum Awards gala function at the
magnificent Vodacom Vodadome complex in Midrand on 8 November this year. Make your mark as a
marketing expert this year and win a Spectrum award.
10. SPECIAL STAR AWARDS PROGRAMME HOTTING UP
Entry forms for the 2007 Special Star awards programme, to determine South Africa’s top retailer and
service provider to the shopping centre industry, are available on the SACSC website,
www.shoppingcouncil.co.za or from Kirsten Love at kirsten@sacsc.org.za. The organisers advise, that
judging from entries already received, this year’s programme is attracting significant interest as nominations
from shopping centres have exceed last year’s entries already.
The programme is run on a regional basis and dinners have been organised to announce the winners. The
dates are:
KwaZulu-Natal: 17 July: International Convention Centre, Durban
Western Cape: 19 July: Grand West Casino
Gauteng: 24 July, The Estate Ballroom, Gallagher Estate, Midrand
Free State: 31 July, Illanga Estate, Bloemfontein
Eastern Cape: 16 August, The Boardwalk, Port Elizabeth
At the Spectrum Awards gala function on 8 November (see above) the regional winners will compete for the
National Special Star Award. South Africa’s top retailer and service provider will each receive a Spectrum
Award. For bookings at for the regional dinners, please contact the relevant chapters.
11. RETAIL DESIGN DEVELOPMENT AWARD
The fourth Spectrum award will be presented to the winner of the Retail Design Development Award
(RDDA). The winners in the four categories will attend the Spectrum Awards gala function on 8 November
and an overall winner will be announced.
12. BCSC TO HOST IMPORTANT ONE-DAY SEMINAR
The British Council of Shopping Centres is to host a one-day seminar with the theme : “Retail Property – an
eye to the future” on Tuesday 26 June at the Imagination Galleries, in London. For members planning to be in
London that day, the seminar which will cover retail trends over the next 10 years, consumer issues, the
Internet, brands, transport, planning, retails and designs, is available free of charge. To register, or for further
information, contact Emma Dearn at emma.dearn@bcsc.org.uk .
13. INTERNATIONAL EVENTS
International
 June 24 to 29: ICSC Europe Retail Property School, Brussels
 June 26: BCSC: “Retail Property – an eye to the future”: London
 July 17 to 19: ICSC Asia Expo, Singapore

Local
27 June: Pretoria/Tshwane breakfast function: Bernadette Cook, editor of M-Net’s Carte Blanche
programme: Master classes in Media Management (watch out for invitation)
14. ICSC TO MAKE HUMANITARIAN AWARD AT THE 2007 RETAIL REAL ESTATE WORLD
SUMMIT
The ICSC Humanitarian Award for sub-Saharan Africa has been established by the ICSC Educational
Foundation to recognise exceptional contributions of shopping centres in sub-Saharan Africa to recognise
exceptional contributions to communities in which they are located.
A shopping centre owner or manager may submit an entry which must be a single or ongoing event,
programme or project that benefits a charitable or community need.. The award will be presented at the 2007
Retail Real Estate World Summit in Cape Town. Prize money for the winning entrant is $10 000 which will
be donated to the philanthropic or social cause supported by the centre. The centre will be awarded a
commemorative plaque.
Details of the programme are still being finalised and SACSC members will be kept up to speed.
15. PRIMEDIA ACQUIRES STAKE IN LIFESTYLE COMMUNICATIONS AND POP
The Primedia Group has acquired a majority stake in Lifestyle Communications and POP (Point of Presence)
from Old Mutual Property Group. Both companies now operate under Primedia Unlimited, a division of
Primedia Limited established at the end of 2004 to acquire, develop and grow new and innovative sectors
of the media industry. Lifestyle Communications has been re-branded Primedia Lifestyle, POP has
been incorporated into Primall Media.
This acquisition offers significant benefits to all stakeholders and mall owners and management in particular
through Primedia’s proven ability to deliver effective advertising solutions across a range of advertising
formats. Coupling Primedia Lifestyle’s established expertise in marketing and promoting shopping malls with
Primall Media’s increased footprint will generate even more exciting, powerful and cost effective marketing
solutions.
Alida Breed, managing director of Primedia Lifestyle, has welcomed Old Mutual Property Group’s partnership
with Primedia Unlimited. “Primedia, renowned as a media powerhouse, will bring a new dimension and open
many new doors for us and our clients.”
For more information contact Alida Breed at Primedia Lifestyle: alida@lifestylecom.co.za or Darren Katz at
Primall Media: darren@primall.co.za
15. SACOB SPECIAL AGM AND CONFERENCE 2007
Sacob’s annual conference will be held in Durban from 5 to 7 June. Theme is “Sustainability beyond 2010”.
It will deal with issues of infrastructure, development and growth .
16. IMPORTANT DATE TO REMEMBER
Members should already be diarising what will be the highlight of the SACSC calendar for 2007. The 2007
Retail Real Estate World Summit will be taking place at the Cape Town International Convention Centre
from 3 to 5 October.
Rub shoulders with the cream of the world’s retail industry. Meet the international players and pick up world
trends. Let us showcase South African talent.
17. IPD/SAPOA PROPERTY INVESTMENT CONFERENCE
The IPD/SAPOA Property Investment Conference will take place at the Cape Town International
Convention Centre in Cape Town from 15 to 16 November 2007. Theme for the conference is “Globalisation
for Growth”.
18. TALEPIECE
If wealthy people could pay the poor to die for them, the poor would make an extremely good living.
Have a good one! - Andre
____________________________________________________________________________________________
SACSC contact details:
Head Office: Village Walk, Maude Street, Sandown,
Sandton
011 884 8940, 011 883 4165, 011 883 1227
Fax: 011 884 8941
Website: www.shoppingcouncil.co.za
SACSC Executive Chairman: George Skinner:
011 784 2837, fax: 011 784 3810, mobile 082 600
5962, e-mail: georges@shopz-group.co.za
SACSC General Manager: Tracey Fowler:
Mobile: 082 327 1747,
e-mail: tracey@sacsc.org.za
Membership: Marie Schlebusch:
011 900 3391, fax 900 3493, mobile 082 852 6534,
e-mail: mariesch@mweb.co.za
Editor Tgif: André Viljoen:
011 886 0193, fax 011 886 060, mobile 083 417 6305,
e-mail:presswise@mtnloaded.co.za
Chapter contact details
Bloemfontein: Danie de Goede
:
Cape Town: Angus Mackay
East London: Joseph Parsley
KwaZulu-Natal:: Amanda Stops.
KwaZulu-Natal Public Relations: Kirsten Love:
Gauteng:: Beverley Deans
Clint Ralph
Tel: 051 444 6914 , fax: 051 444 6918, mobile 082 804 5741, e-mail:
ddegoede@mimosamall.com
021 421-4500, fax: 021 421-4550, e-mail: angus@retailafrica.co.za
Tel: 043 727 0990, e-mail: jeparsley@ompg.co.za
Mobile: 082 468 8373 Fax: 031 562 0215, e-mail:
stopsa@mweb.co.za
Tel: 031 566 3632, fax: 086 617 2 012, mobile: 083 798 0430, e-mail:
kirsten@sacsc.org.za
011 807 7150, fax: 011 807-7149 , mobile: 083 415 1251, e-mail:
beverley@purpleplum.co.za
012 348 2449, Fax: 012 348 1544, e-mail: clint@lifestylecom.co.za
Port Elizabeth: Marios van Dongen.
041 373-9955 Fax: 041 373-9951 e-mail: marios@bowmanolivier.co.za
Nelspruit: Cornelia Zoomers
Tel: 013 757 0080, e-mail: cornelia@lifestylecom.co.za
Welkom: Wendy Andrews
Tel: 057 352 2589, e-mail: wendy@hightower.co.za