The Competition Commission has approved the sale of a major shopping centre in Randridge.
Randridge Mall in Johannesburg is set to be sold, with the Competition Commission approving the transaction between Emira Property and Goat Wholesale.
The mall is in Randridge Park and features over 80 stores, including Woolworths, Pick n Pay, and Dis-chem.
It has approximately 22,300 square metres of lettable store space and a high occupancy rate, with only roughly 6% of stores being vacant.
The high occupancy rate comes despite the retail space’s proximity to larger malls such as Northgate and Cresta.
The mall also regularly hosts various events, such as a strongman competition at the end of 2025 and a CANSA shavathon.
The mall’s diverse retail spaces include three bank branches for FNB, Capitec, and Absa, as well as several restaurants.
For health and beauty, the mall has a dedicated medical centre and optical services, in addition to wellness offerings such as a Sorbet.
Randridge Mall’s current owner, Emira Property, described the shopping centre as being a community space with several national stores.
“Randridge Mall offers a spacious and calm environment with over eighty top quality stores, including many national stores like Pick n Pay, Woolworths, Dischem, and national fashion tenants too,” it said.
“Randridge Mall has been part of the community for over 25 years and remains your all-in-one community centre offering easy and convenient shopping coupled with free and secure parking.”
Emira Property is a JSE-listed Real Estate Investment Trust (REIT) with a significant number of properties in South Africa and several overseas.
Its South African portfolio features commercial, office, and residential properties, and notably owns high-profile properties in Pretoria, such as the podium at Menlyn.
In total, Emira owns 52 properties across South Africa and the United States, with eight of them being retail spaces.
The other malls owned by Emira include Ben Fleur shopping centre, Tramshed, and Wonderpark shopping centre, among several others.
Its United States property portfolio has significantly larger malls than those in South Africa, with some exceeding 100,000 square metres.
The Competition Commission announced on Thursday, 27 August 2026, that it had approved the sale of the Randridge Mall.
Emira is looking to sell the retail property to Goat Wholesale, a company which is in turn controlled by a trust.
While the commission does not explicitly state the name of the trust, it acknowledged that it is involved in South Africa’s property industry.
“The primary acquiring firm, Goat, is ultimately controlled by a trust,” it said. “The Acquiring Group is active in the property sector in South Africa.”
“Relevant to this merger assessment is that the Acquiring Group owns one community centre within 15km of the Target Property.”
The commission ultimately decided that the acquisition could proceed, with provisions to address public-interest concerns.
“The Commission is of the view that the proposed transaction is unlikely to substantially lessen or prevent competition in any market,” it said.
“To address public interest concerns, the merger parties undertook to procure certain services from historically disadvantaged persons.”
The Competition Commission analyses potential mergers and acquisitions to ensure that markets remain fair for all players.
In some instances, if a company bought out others in a specific area, it could lead to a monopoly and drive away smaller businesses.
With malls and shopping centres, one company owning several retail centres would give it control over prices, without a competitive market to bring them down.
In this instance, the commission ruled that Goat Wholesale’s purchase of the Randridge mall would not hurt the competitive market for retail space in the area.
Follow the story
