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Gustav Voigts shopping centre in Namibia’s capital city of Windhoek is to undergo a multimillion-dollar phased refurbishment starting this year.
Maerua Mall, established in 1990, is Windhoek’s original shopping centre. Located close to the heart of Namibia’s capital city and bordering the eastern suburbs, it welcomes over nine million shoppers every year.
Oryx Properties announced on Monday that its total distribution per linked unit for the year ended June 2010 increased by 15.3% to 109.25 Namibian cents per linked unit from 94.75 cents a year ago.
Oryx Properties reported earnings per linked unit of 143.34 cents for the year ended June 2009, from 128.13 cents a year ago.
SA Corporate Real Estate Fund has bought a 25% stake in Oryx Properties
Listed property loan stock company has reported below-average distribution growth of 7,6% to 29,6c for each unit for the year to September
Oryx Properties has said that its distributions for the year to June had surged 11% to 78c a linked unit.
Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.
Pretoria - Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings due to be listed next month on the JSE Securities Exchange, has acquired a portfolio of 34 local properties at a cost of R508.35 million.