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.

Namibia is experiencing increasing interest from South African home buyers, mainly among those seeking to acquire homes in Windhoek and leisure and residential properties in Swakopmund

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

JHI Residential is a natural progression for the group, which collectively has extensive experience not only in managing commercial property, but in managing various mixed-use properties which often includes a residential component

The retail and wholesale sector is already the second largest contributor to the GDP (gross domestic product) of Namibia

Senior railwaymen have called for state funds to be set up to maintain Africa’s rail infrastructure systems, says SARA executive director Bernard Dzawanda.

Nictus advise the finalisation of negotiations for the disposal of its shareholding in Corporate Properties, to Erastus Shipumba Properties for R22.2 million.

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