This sub-regional 46,838sqm centre (with a 21,553sqm retail GLA), perched on 4.8ha of land, is being offered with an optimal GLA tenant mix featuring 49% nationals anchored by Shoprite supermarket to 41% local tenants that includes Okahandja Medical Practice.
PRIME BUSINESS CAPITAL has been appointed to steer the expressions of interest campaign and to introduce interested and serious buyers to the owners. The sale of the centre coincides with an uptick in demand for strong performing retail assets.
Sub-regionals and neighbourhood centres have performed fairly strongly as an asset class given their predominant food and convenience focus.
