The Grove Mall of Namibia the largest shopping centre ever to be developed in the country and spanning some 55,000sqm opened its doors.

Safari Investments expects additions to its portfolio to more than double its asset base to R3bn within three or four years.

Safari Investments RSA Limited ("Safari") became the latest listing under the "Real Estate Holdings and Development" (REIT) sector on the Main Board of the JSE today with the short code "SAR".

Safari Investments RSA Limited ("Safari") will become the latest REIT listing on the JSE on Monday, 7 April 2014.

Thursday, 21 November 2013 10:55

Major demand for Student Accomodation in Africa

Specialising in providing a residential management service - which includes leasing and letting in regard to student accommodation, affordable housing, social housing and other residential homes, JHI Residential, which is a subsidiary of Excellerate Property Services, is rapidly expanding into Africa - mainly in Southern Africa, reports Thea Bezuidenhout, MD of JHI Residential.

Furthering the growth of formal retail on the African continent, Namibia’s Auas Valley Shopping Centre is undergoing a huge upgrade with Broll Namibia at the helm of leasing, bringing the latest local and international retail concepts to the region’s consumers. 

JHI Properties in Namibia reports few vacancies in retail and office sector

Eris Property Group is developing 15 000m² Tsumeb Mall in Namibia scheduled to open in May 2014.

While Namibia’s property industry is booming and the commercial sector seems to be fairly saturated, there is a shortage of housing in virtually all price categories

Leading South African property investment and development company Atterbury will develop Namibia’s largest single commercial property development, the 54,000sqm Mall of Namibia - The Grove in Windhoek, with Demashuwa Properties and Safland Property Group.

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