A desert oasis of shopping and entertainment for the people of Walvis Bay, the new 27,500m2 Dunes Mall is in the final stages of completion, with its doors set to open to shoppers on October 26.

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.

Atterbury announced today the development of a new R650 million mall in the key Namibian port city of Walvis Bay.

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.

New Property Ventures has embarked on extending and refurbishing its new Absa on Grove acquisition in Claremont, Cape Town by two floors, providing an additional 3500 m2 of A-grade office space.

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