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.

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

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

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

Monday, 20 August 2012 09:54

Namibia increasingly attractive

Namibia is the 15th largest country in Africa with a population of just over two million people; this makes it the second least densely populated country in the world after Mongolia. With a per capita GDP of $7363.00 (7th in Africa) one would think the population isn’t doing too badly, however, given that approximately half the population live below the international poverty line of U.S.$1.25 a day, that picture alters

Wednesday, 14 September 2011 02:00

Namibia enjoying commercial development activity

Development projects in both office and retail sectors are well underway in Namibia’s capital city of Windhoek, reports Monica Pienaar, portfolio executive in the region for JHI Properties

With the much anticipated “breaking of ground” at Sungate, situated at Hosea Kutako International Airport, Windhoek Namibia, the graders rolled onto site in March, signaling the starting point to this prestigious development

Savings of almost R4 million have been made by Mutual and Federal Insurance Company through a sub-let of a Windhoek building left empty after the companyis acquisition of FGI Namibia.

 

Wednesday, 02 January 2002 03:01

Textile plant causes stir in Windhoek

The Namibian government and the city of Windhoek are under fire after the disclosure that no environmental assessment was done for the multimillion-rand Ramatex textile factory that was snatched from under the nose of SA. 

 

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