Atterbury’s Kumasi City Mall wins the API Award
Kumasi City Mall, developed by leading South African property development and investment company Atterbury, has won the first-ever Africa Property Investment (API) Award for retail real estate.
The awards, announced at the recent API Summit and Expo 2017 in Sandton, recognise innovation and outstanding achievement.
Kumasi City Mall was selected as the best retail project from a strong field of world-class entries.
The new awards, with a unique focus on sub-Saharan African real estate, are judged on a wide range of criteria including integration into the environment, originality of concept, technical and architectural quality, sensitivity to the local community, innovation, sustainability, response to market demands, financial performance, and the impact of the project on economic convergence.
Atterbury developed Kumasi City Mall for its owners, Delico Kumasi Limited and AttAfrica has been appointed as the asset manager, and is responsible for its day-to-day running and operations. Boogertman + partners were the architects responsible for the design of this award-winning mall.
The world-class 18,500-m2 Kumasi City Mall is built on a total land area of over 15 acres and has the potential to expand up to 28,000 m2. It is located in the city of Kumasi, the Ashanti region’s capital, which is Ghana’s second largest metropolitan centre after Accra. Kumasi City Mall is the first and only mall in the entire northern sector of the country. It took 24 months develop and opened on 20 April 2017.
Commenting on winning this inaugural award for Kumasi City Mall, Cobus van Heerden of Atterbury Property Developments says: “With our development of Kumasi City Mall, we have created a one-stop shopping experience, one that we believe is truly world-class. We are thrilled that API has recognised this excellence.”
More information from Zahn Hulme, Tel: 012 471 1600 / www.atterbury.co.za