Safland Property Group plans to develop five new retail shopping centres across the country, with construction on at least three of these expected to start next year.
The N$260 million Goreangab Mall in Windhoek, a development in which Safland is partnering with Oryx Properties Limited, is expected to open for trade in May 2026.
Bulk earthworks for the development commenced after the site was handed over to the successful bidder, Namib Beton, on 2 September.
The first phase of the project is expected to be completed by 30 November 2024, with full construction beginning in January 2025. The anticipated handover to tenants is set for April 2026.
The 14,500-square metre development will host more than 40 tenants, anchored by Shoprite. Safland has already secured offers for 60% of the available lettable space from various retailers.
The mall is expected to create 340 jobs during the construction phase, followed by 360 employment opportunities once it becomes operational.
“The Safland team is grateful for the opportunity to further its commitment to developing properties in underserved areas of Namibia. The partnership with Oryx enabled us to deliver on this promise. We remain highly optimistic about our future projects and other opportunities across Namibia,” said Safland CEO, Kallie van der Merwe.
Oryx CEO Ben Jooste added that “the Goreangab development aligns with our strategy to diversify our asset base and reinforce our ESG commitments. Partnering with Safland made sense for this project, as it allows both companies to leverage our strengths for the greater benefit of the community”.
Goreangab Mall is part of the broader Goreangab Waterfront Development, which includes the construction of an additional 2,500 residential units. A formal taxi rank will also be integrated into the development to ensure convenient access for surrounding communities.
Since relocating to Namibia in 2011, Safland has completed 11 property developments valued at approximately N$3 billion. The company is renowned for developing the Grove Mall and The Dunes Mall in collaboration with Johannesburg Stock Exchange (JSE)-listed entity, Atterbury.
