Atterbury, the owner of Grove Mall, has disclosed that the shopping centre has generated over N$18 billion in reported turnover over the past decade, while providing employment to 1,576 individuals across the mall’s outlets.
The mall since since its inception, according to Atterbury has seen more than 19 million cars enter its parking facilities and welcomed over 63 million visitors through its doors.
“Over the past decade, Grove Mall has evolved into a vibrant hub, offering the finest in shopping and entertainment experiences for its patrons. This development is a reflection of Atterbury’s commitment to creating spaces that deliver lasting value to the communities they serve,” said Armond Boshoff, CEO of Atterbury, during the mall’s 10th-anniversary celebration.
JP Duncan, Asset Manager at Atterbury, also shared his pride in the mall’s journey, acknowledging the hurdles it overcame along the way.
“Despite the uncertainties, on 23 October 2014, Grove Mall opened its doors, marking the start of an incredible journey. We faced challenges, from economic downturns to the unprecedented impact of the COVID-19 pandemic, but our resilience saw us emerge stronger,” Duncan said.
As the mall marks the milestone amid reports that Atterbury is considering selling the iconic shopping centre.
The Grove Mall, designed by Howard and Chamberlain Architects, was developed with investments from Atterbury Property, Attacq Ltd, The Frontier Property Trust, and Demushuwa Property Developer (Pty) Ltd.
Located in the Hilltop mixed-use estate in Kleine Kuppe, it is the largest shopping centre ever built in Namibia, covering 52,000 square metres at a cost of N$1 billion.
Recently, Atterbury also completed the sale of Dunes Mall in Walvis Bay to Namibian Stock Exchange-listed Oryx Properties.
