Mallcomm announces it has signed its first partnership in South Africa, with leading South African REIT Liberty Two Degrees (L2D), creating a bespoke digital tenant-engagement platform for their retail property portfolio, starting with a pilot implementation at L2D’s high-quality property, Eastgate Shopping Centre in Gauteng. The partnership, which represents a significant milestone for Mallcomm international expansion on the African continent following its entry into Egypt earlier this year, alongside significant growth over the last 6 months in the USA and Europe with recent signings of close to an additional 250 properties. Mallcomm’s proprietary technology will be used by L2D to deliver a bespoke 360 technology platform for asset and property management. Mallcomm will streamline their everyday tasks, join up all stakeholders, and generate new insights for more efficient and effective operations, significant budget savings, and valuable insights. The property will also be utilizing Mallcomm’s best in class crisis management to further ensure the safety and security of all its occupants.
Mallcomm was recently awarded the title of the first Carbon Negative proptech company in the UK and whilst the company will assist further in creating workplace ecosystems of the future, Liberty Two Degrees is already a forward-thinking REIT in this area. Having launched Eastgate Shopping Centre’s Aquaponics Farm District, the first of its kind for shopping centres in Africa, as well as an organic Rooftop Garden, compost centre and living wall which are carefully curating retail-led destinations that put the surrounding community and ESG at the centre of its operations, this appears to be a deliberate and purposeful pursuit of initiatives and services that consider an ESG impact, value creation underpinned by a strong ESG proposition. Mallcomm’s appointment by Liberty Two Degrees in South Africa significantly expands its global footprint, following substantial traction across Europe and the US, where it has grown by more than 50% over the last six months. Mallcomm is the leading proptech platform for the retail property sector globally, utilised at over 650 properties comprising more than 37,2million sqm in 22 countries. Clients include leading property owners Hammerson, Brookfield Retail Properties, Klepierre, Oxford Properties, Mall of America, and Unibail-Rodamco-Westfield.