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Upmarket development in Windhoek’s central business district (CBD) is on the rise and has boosted the revival of this inner-city area.
The digital revolution has touched and changed every aspect of society, including, very significantly, shopping. For many people, it’s just not worth the time, trouble and expense of making a trip to a bricks-and-mortar mall when everything they might desire is available literally at their fingertips in the virtual world.
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.
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings, certified by the Green Building Council of South Africa (GBCSA).
Atterbury Property Holdings has launched a new unlisted growth fund that will be the investment vehicle for the development company’s assets in SA, Namibia and Mauritius.
UAG was founded in 1992 by Haddis Tilahun and was later joined by his wife, Dr. Martha Namundjebo-Tilahun.
With robust economic growth coupled with prudent fiscal management and infrastructural improvements, South Africa’s northern neighbour of Namibia is proving increasingly attractive to investors – including property developers, reports Pam Golding Properties Namibia.
City Lodge Hotels expects demand for its rooms to continue exceeding expectations in the year ahead after it increased occupancies in 2015.