Another milestone for Safland
The Safland Property Group recently broke ground for the development of the second-largest distribution centre to be built in Namibia in the last six years, confirming the confidence this group and its development partners have in the country’s economy.
The 14 650m² covered distribution centre (leasable space) which is being constructed on behalf of the Pepkor Group and F.P. du Toit Transporters, and is established and managed by Safland, is located near the B1 highway at Brakwater on the outskirts of the capital and provides access to the main transport corridors through Namibia in all directions.
Safland director and trustee of the Frontier Property Trust, Kallie van der Merwe, said the Pepkor development is the 13th in the Safland group which already has a portfolio of around N$3.3 billion and forms part of a pipeline of developments that will soon see the light of day.
The Pepkor development is valued at around N$180 million.
Safland believes that the developments could generate up to 10 000 jobs for Namibians in the immediate future. The development is planned to be complete by the end of November this year.
The 14 650m² covered distribution centre (leasable space) which is being constructed on behalf of the Pepkor Group and F.P. du Toit Transporters, and is established and managed by Safland, is located near the B1 highway at Brakwater on the outskirts of the capital and provides access to the main transport corridors through Namibia in all directions.
Safland director and trustee of the Frontier Property Trust, Kallie van der Merwe, said the Pepkor development is the 13th in the Safland group which already has a portfolio of around N$3.3 billion and forms part of a pipeline of developments that will soon see the light of day.
The Pepkor development is valued at around N$180 million.
Safland believes that the developments could generate up to 10 000 jobs for Namibians in the immediate future. The development is planned to be complete by the end of November this year.
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Namibian Sun
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