Lightpath & Assegai Group / Our story
Designed by landlords.
For landlords.
Our experience extends beyond installing energy equipment. The property development team behind Lightpath has developed shopping centres, secured their tenants and managed most of those centres after opening. We understand what improves a landlord's investment return because we have worked across the property lifecycle.
The Assegai connection
We know shopping centres because we develop, lease and operate them.
Lightpath Property Solutions forms part of the Assegai Group, a South African property development and investment group. The team behind Assegai has originated, developed and tenanted each of the retail centres featured below, and managed most of them following completion.
That experience spans site and feasibility assessment, national-anchor and line-shop leasing, construction delivery, operational handover, tenant relations, electricity recoveries, maintenance, cash flow and investment performance.
When a conventional energy supplier sees a roof and a forecast of solar generation, we see a functioning property: its rental schedule, trading patterns, tenant recoveries, demand charges and long-term value.
Visit Assegai Group
Real property experience
From development concept to trading asset.
Assegai's property experience is not limited to financial investment. The team has been responsible for delivering centres and securing their occupiers, with ongoing post-completion management experience at most of the completed assets.
Build the right asset
Site selection, feasibility, development structuring, design, construction and delivery.
Create the rental base
Engage national anchors, negotiate leases, assemble the tenant mix and prepare for opening.
Understand daily operations
Experience of managing most completed centres, including tenant relations, utilities and operating expenses.
Protect the income stream
Focus on retained net operating income, reliable trading conditions and sustainable property value.
Assegai property track record
Shopping centres developed and tenanted by our property team.
These examples reflect the development and leasing track record of the Assegai team and its principals, including work undertaken through project and predecessor entities. Current ownership and management are not implied.
N2 Woodhill Retail Centre
Convenience retail centre serving Piet Retief and the wider Mkhondo market. The team secured a national and regional mix built around grocery, pharmacy, lifestyle, fashion and essential services.
Representative retail line-up: Pick n Pay, Dis-Chem, West Pack Lifestyle, Mr Price brands, PEP and Ackermans.
Retail names are published centre examples, not a representation of present tenancy or Lightpath endorsements.
Wesselton Shopping Centre
Community convenience retail developed and tenanted for the Wesselton catchment, bringing supermarket, fashion and service retail closer to residents.
Representative retail line-up: Boxer, PEP, Ackermans, Mr Tekkie and a filling-station component.
Historic centre line-up; tenant mix may have changed.
Amsterdam Plaza
A neighbourhood retail development serving the local Amsterdam community. Part of the team's smaller-format shopping-centre development, leasing and operating experience.
Property focus: Convenience-led local retail, practical tenant requirements and long-term operating sustainability.
A current store-by-store tenant schedule has not been independently confirmed for publication.
Hilton Siding Retail Centre
A multi-tenant retail and lifestyle centre illustrating the complexity of refrigeration, food service, extended trading hours, tenant metering and critical electrical loads.
Representative retail line-up: Checkers FreshX, Clicks, Seattle Coffee, Tiger's Milk, Absolute Pets, Spec-Savers and West Pack.
Historic development and tenant examples; no statement is made about the centre's current ownership, lease position or ongoing energy operations.
Three Fountains Shopping Centre
An Assegai-developed community convenience centre currently under construction, with a target opening of 1 May 2027. The leasing programme is led by a Shoprite supermarket anchor.
Current published tenant/leasing programme: Shoprite, Shoprite LiquorShop, KFC, Ackermans, PEP and OBC.
Under development as at November 2026. Occupation and final tenant mix remain subject to the relevant lease and opening conditions.
Built around property operations, not a generic solar model.
Different centres have different anchors, restaurant hours, refrigeration loads, tenant electricity charges and risk profiles. A power-purchase proposal is only one input into the landlord's investment decision.
Why load profiles matterRetail leasing experience
We understand the tenants behind the electricity demand.
The centres in our team's project history have accommodated national supermarket anchors, pharmacy groups, fashion and value retailers, food-service operators and other essential businesses. Their operating hours and electricity profiles are not interchangeable.
- Pick n Pay
- Shoprite
- Checkers FreshX
- Boxer
- Dis-Chem
- Clicks
- West Pack
- PEP
- Ackermans
- KFC
- Seattle Coffee
- Tiger's Milk
Brand names identify illustrative existing or historic tenant mixes and current published development leasing programmes. They do not indicate partnerships with, or endorsements of, Lightpath by the retailers named.
We know the difference between a power saving and landlord value.
Utility recoveries
We consider the incoming bulk utility account alongside individual tenant billing, common-area allocations and lease recoverability.
Load and trading patterns
Refrigeration, supermarket trading, restaurants, HVAC and lighting require a site-specific interval-demand model.
Roof rental and NOI
We assess negotiated roof income as a separate property revenue stream, net of contractual expenses and valuation risk.
Demand and tariff control
Software-enabled monitoring, battery scheduling, demand management and tariff analysis target costs that can genuinely be avoided.
Operational resilience
Energy infrastructure must support the actual trading requirements of anchor tenants and the wider centre.
Asset management
The investment case is assessed through retained cash flow, performance reporting and potential long-term capital value.
The Lightpath response
Property-first energy infrastructure. Measured against property outcomes.
Lightpath brings together funded rooftop structures, negotiated rental income, smart metering and tenant reconciliations, intelligent storage dispatch, building controls, power-quality monitoring and portfolio reporting. We structure the combination around the property's actual operating profile and contractual requirements.
- Roof rental
- Smart Recoveries
- Flex Optimise
- Power Assurance
- Portfolio Intelligence
Project-information note: Published retail brands and project dates are illustrative historic/current programme references and should be verified against the latest centre tenancy schedules before publication. Assegai development and management roles are described on the basis of group principal experience and client-supplied track-record information. No retailer endorsement or present ownership of all listed properties is implied.
The property first. Energy second.
Find out what your property's energy should be worth.
Start with an assessment of your roof, utility accounts, tenant recovery structure, consumption patterns and operating objectives.