South Africa, Sept. 15 -- The transaction, which received unconditional approval from the Competition Tribunal in June, has now been concluded, marking NAD's entry into the Northern Cape and adding a dominant regional retail asset to its growing South African portfolio.

Kalahari Mall is an established shopping destination serving Upington, surrounding towns and neighbouring cross-border markets. With a strong national tenant mix, loyal customer base and consistent trading history, the centre represents a strategic addition to NAD's portfolio of convenience and regional retail centres.

For NAD, the acquisition combines proven investment fundamentals with opportunities to create further value through active asset management, including pro...