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.

Tradehold says work has started on its R480m regional shopping centre, which is located in the harbour town of Walvis Bay, Namibia.

Woolworths has opened its ninth store in Namibia at The Grove in Windhoek.

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.

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