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The influence of tenant diversity on the performance of shopping centres

This study investigated whether a relationship exists between tenant diversity and the return on investment in South African regional and super-regional shopping centres. The Simpson diversity index was used to calculate the tenant diversity in 10 super-regional shopping centres and 50 regional cent...

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Bibliographic Details
Published in:African journal of business and economic research 2021-06, Vol.16 (2), p.161-183
Main Authors: Dlamini, S, Cloete, C E
Format: Article
Language:English
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Summary:This study investigated whether a relationship exists between tenant diversity and the return on investment in South African regional and super-regional shopping centres. The Simpson diversity index was used to calculate the tenant diversity in 10 super-regional shopping centres and 50 regional centres in South Africa. The analysis was performed over one-year, three-year and five-year periods.The regression analysis showed that a positive linear relationship exists between retail categories diversity and the return on investment over a three- and five-year period in the case of regional shopping centres that are located in the Western Cape province. A weak linear relationship exists between return on investment and retail categories diversity for all super-regional shopping centres and regional shopping centres that are located in the Gauteng province.
ISSN:1750-4554
1750-4562
DOI:10.31920/1750-4562/2021/v16n2a8