ICSC Launches African Research Group


The International Council of Shopping Centers has just announced its sixth regional research group, this time focused on Africa. It will be chaired and launched by Belinda Clur, a Cape Town resident and member of the North American and European research groups.

Property Wheel has the details:

“‘Because of her knowledge of ICSC research structures and operations and her own professional focus on developments across Africa, Ms. Clur is well placed to lead this initiative,” said Michael P. Niemira, director of research and chief economist for ICSC, based in New York. “It is also recognition of the strong case she has put within the ICSC for the African growth story in recent years and for an ICSC involvement on the continent.’

The proposed main aim of the group is to create a network of pan-African shopping centre, retail property and financial industry members to promote pan-African retail research, guide best practices and provide the ICSC with strategic direction and advice on industry issues and research initiatives that are specific to the African context.

Ms. Clur says ‘I believe the group will serve a highly valuable role for the ever increasing number of shopping centre investors and retailers pioneering into what are often uncharted territories across Africa. It will offer a platform for engagement and opportunities for experience sharing, networks and collaboration.“Given the alignment with and the support of the existing ICSC research groups, an added benefit will be an in-depth perspective of the dynamics of both emerging and developed economies.'”


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