South Africa’s largest multipurpose indoor arena, the Ticketpro Dome in Northgate, Gauteng has been sold by its owners. The buyers, WeBuyCars, do not operate in the events arena.
WeBuyCars has confirmed the purchase is to increase the company’s national footprint.
The Dome has been sold by the owners, Sasol Pension Fund.
On Monday, RX Venue management company said the ban on public gatherings had meant that during 2020 and 2021, the indoor arena was unable to operate.
“This is another devastating blow for the exhibitions, events and entertainment industry due to Covid-19.”
The Dome was originally intended to be a permanent motor showroom for consumers to view and test drive a variety of vehicle brands under one roof, said WeBuyCars.
According to Faan van der Walt, WeBuyCars CEO, WeBuyCars will now realise the original vision for the Dome and develop it into a large pre-owned car dealership.
“The Dome will be able to store approximately 1 500 vehicles, providing customers with an enticing experience of vehicle choices along with the fascinating design and layout of the Dome,” said Van der Walt.