Three Fountains Shopping Centre

News & progress

Construction updates

Follow the progress of Three Fountains Shopping Centre from groundbreaking through to opening on 1 May 2027.

Opening 1 May 2027 · Saul Mkhizeville, Mpumalanga
Concrete columns at different stages of construction at Three Fountains Shopping Centre, September 2026
Construction update

Columns and blockwork taking shape at Three Fountains

Reinforced concrete columns are taking shape at Three Fountains Shopping Centre. The latest site photographs show columns at different stages of construction, foundation blockwork being laid between columns, and reinforcing prepared for further work.

The September 2026 site photographs show reinforced concrete columns at different stages of construction, with foundation blockwork being laid between columns and reinforcing prepared for further work. The centre's footprint is becoming more defined as masonry and column work advances.

MET Builders is continuing on site under the turnkey contract, with Assegai Assetco leading the development. The target opening remains 1 May 2027.

The full September 2026 photo set — four site photographs — is available on the Development page.

Three Fountains Shopping Centre construction site — early works, March 2026
Milestone

Construction commences — MET Builders mobilises on site

Three Fountains Shopping Centre has officially broken ground. MET Builders mobilised on site in March 2026, marking the start of the construction phase of the project.

Following the completion of the pre-construction phase — including design development, tenant coordination and contractor procurement — MET Builders has mobilised on site and construction has commenced.

The turnkey contract with MET Builders covers the full construction of the centre from bulk earthworks through to practical completion and handover. The programme targets a 1 May 2027 opening.

The development team at Assegai Assetco is pleased to reach this milestone. Three Fountains Shopping Centre will bring a Shoprite-anchored convenience centre to Saul Mkhizeville, serving a catchment that has long lacked access to quality formal retail.

Three Fountains Shopping Centre — early site works
Development

Site acquisition and development rights secured

Assegai Assetco has secured the site and development rights for Three Fountains Shopping Centre in Saul Mkhizeville, Mpumalanga. The project enters the pre-construction phase.

Assegai Assetco has completed the site acquisition and secured the necessary development rights for Three Fountains Shopping Centre. The project is now in the pre-construction phase, with design development, tenant leasing and contractor procurement underway.

The development is anchored by Shoprite, with a strong line-up of national and regional brands in the current leasing programme. The centre will provide 5,253 m² of GLA serving the Saul Mkhizeville community and its surrounding catchment.

Three Fountains Shopping Centre is designed as a convenience-led centre, bringing essential retail, financial services and food closer to a community that currently travels significant distances to access formal retail.

Programme milestones

Q3 2024

Site acquisition

Complete

March 2026

Construction commences

Complete

September 2026

Columns & blockwork

In progress / upcoming

May 2027

Target opening

In progress / upcoming

Full development overview

Interested in the remaining units?

Four retail units and two ATM positions — 279 m² in total — remain available. Contact the leasing team.

Enquire about leasing