Aunty

Mrs Brightside. Your favorite Auntie. Haunted by Ntabaka’s question

[simple boi: mabele & amabele @Queen_Finxa]

See you guys have bookmarked this, that’s cute
It will be gone in a random Tuesday at 11:28

[Lesilo Rula @kay_mahapa]

Wena! Re rile re kgopela di grand chicken spicy, tše pedi. Le FAANNTA, le coke. Ene are nyake di large, re dieting.

[Katie @KayTeeeOh]

In Before He Cheats when Carrie shames that girl for doing a white trash version of Shania karaoke I kinda think I am on the other girl’s side because I bet that version would really get the crowd going

[Aunty @Selolo_H]

@JackDevero Gaucho at No.3 & 9 and I’m not complaining because it does deserve 2 spots!

[REPEAT 🇿🇦 @vanco_sa]

ISAKA 6AM(Vanco Remix) Out Now !!!

[Aunty @Selolo_H]

@Thulakhula You should know by now 🤷🏾‍♀️

[Aunty @Selolo_H]

@nkululekomhlaba Aspiring golfer here ✋🏽 Please share coach details when you get to it!

[Joel Cabrita @JoelMCabrita]

Calling online sleuths and historians of South Africa! Can anyone identify whether Herbert Dhlomo (the famous playwright) is in this photograph of members of a Johannesburg "Dramatic Society" in the 1930s/1940s? Thank you!

[Ash Müller @Askash]

For everyone who keeps asking me what is up with FOURWAYS MALL in Sandton, Johannesburg… Here it goes🤯👏

Firstly, Fourways Mall is the biggest #shopping mall in #SouthAfrica measuring 178 202m2. There are over 400 stores and 8000 parking bays on site. Accelerate Property Fund (APF) is a co-owner of the mall along with Azrapart - they each own 50% of this shopping centre. APF also owns #BMW Fourways, Cedar Square, The Buzz Shopping Centre and Waterford.

At the end of 2019, the mall experienced a pricey expansion and revamp. The gross lettable area (GLA) of the mall then increased from 61 634m2 to to 88 785m2.

APF released financial results at the end of last year showing a mall vacancy increase from 14 349m2 to 15 109m2. The 17% vacancy rate would explain the glossy, ghost-like halls of this shopping centre. One can drift through eery passages to see so many empty retail shops…

While the vacancy rate has gone up, the rental rate per m2 has gone down. A few years ago - the mall used to charge closer to R300 per m2 - this figure has now decreased to around R220 per m2. The malls property value has also decreased by almost R1 billion.

In April 2024 - Accelerate #Property Fund went ahead with a rights offer. They issued 500 million ordinary shares at a price of 40 cents per Rights Offer Share. The group has serious debt and by raising R200 000 000 they hope to alleviate some of it. All of the above is a real let down considering the #millions that were spent revamping the mall.

Also this year, the mall owners won a case against 5 insurers for losses suffered due to the Covid pandemic. They won the judgement in the #Johannesburg High Court and are claiming R1 billion in losses.

Some individuals say that they got the tenant mix all wrong. Others say that access into the mall is a big problem. Personally, I don’t think there has ever been a more difficult mall to navigate in #SA - too big and too confusing. Fourways is perhaps a great place if you are looking to rack up your Discovery steps.

That being said, many positive plans have been put in place by the newly appointed asset managers (Flanagan & Gerard Property Development and Investment, in partnership with the Moolman Group) to revive the malls current state of despair. Word on the street is that there are plans for new restaurants, a deli, a brewery, new gym, co-working space, #padel courts and a wellness hub. I wish them the best of luck on route to revival.

What are your thoughts on Fourways Mall and why they have been struggling?🤔

Lastly….Is it a bird!? Is it a plane!? No its the gigantic Fourways Mall and inside there just happens to be a plane😂

Can we please also address the elephant that arrived in the room circa 2018. What’s with the airplane!?😂✈️

[Aunty @Selolo_H]

@thandiswamazwai 🤔

[Aunty @Selolo_H]

@CityTshwane how does one verify letters received from Council?

[Aunty @Selolo_H]

@AneleAndTheClub wish it was MY problem but we know the Westcliff tannies HATE the stairs people 🤣

[Aunty @Selolo_H]

@Anele @FlightCentreRSA

[Aunty @Selolo_H]

@Thulakhula Shook

[Aunty @Selolo_H]

@TasneemMotara @MandisaM9 💀 I beg to differ but okay…

[REPEAT 🇿🇦 @vanco_sa]

Legooooo ❤️🔝💫

[Aunty @Selolo_H]

Chatting with my colleagues about fraud @Nedbank and I’m realizing that all 5 of us have pending investigations there. Something is terribly wrong 🚩 How does one manage to open an account there where there’s protective registration?!!

[Aunty @Selolo_H]

@Thulakhula @SparklinBeee Bad influence. Holiday e fedile 😢

[Aunty @Selolo_H]

@Mqoqindlela Can relate to all this! I am their 1st born.

Sorry about your loss 🫶🏾