Giuricich Bros secures mall construction contract in South Africa

The South African independent and family owned construction firm- Giuricich Bros Construction has secured a lucrative building contract for the new Springs Mall at Blue Crane Eco Park and the expansion of the Vaal Mall.

Giuricich Bros is subsequently celebrating its work done on the new World Wildlife Fund South Africa green building in Jo’burg. The building, located in the Jo’burg CBD, was completed earlier this year and was awarded a Six-Star Green Star SA Office Design rating by the Green Building Council of South Africa.

The director of Giuricich Bros Construction, Gerard Giuricich said they are proud to be involved in the landmark developments which surpass 2015 as a milestone year for the group.

“Vaal Mall and Springs Mall represent projects of over R1.4 billion. While we have embarked on retail developments in the past, these new mall projects are our largest retail developments to date as the main contractor. Springs Mall is a new regional shopping centre and a significant project for Giuricich Bros,” he added.
Giuricich said the group has played a major role in the development of the Springs Mall, which was first punted by the Springs-based D’Arrigo family several years backOthher shareholders in the development, besides the Giuricich and D’Arrigo families, include leading shopping centre developers and leasing specialists, JSE-listed retail focused REIT, Vukile Property Fund and Flanagan & Gerard Property Development & Investment.
“With over 150 stores, the mall is a major investment in springs and it is going to be a world-class regional shopping destination in the area when it opens in March 2017. It is great to be associated with experts in the retail development and the investment sector through the Springs Mall project,” said Giuricich.

Giuricich Bros Construction secured the contract for the expansion of Vaal Mall, which is jointly owned by Flanagan & Gerard and Sycom Property Fund/Growthpoint Properties. The 15,000m² expansion will take the mall to 65,000m² in size making it a dominant regional shopping in the Vaal Triangle.