SA billionaire’s former firm sells major Joburg mall – here’s how much it fetched
African Insider | 14.11.2026 12:00Johannesburg – Accelerate Property Fund, the property investment company established by South African businessman Michael Georgiou, has agreed to sell Cedar Square Shopping Centre in Fourways, Johannesburg, for R630 million (approximately $38 million), as it continues efforts to reduce debt and restructure its property portfolio.