The City of Windhoek approved a total of 262 building plans in October valued at N$157.4 million, up 10.5% from the 237 building plans approved in September. 

Nedbank Namibia recently inaugurated its new Head Office located in the Windhoek Central Business District and this is what we know about the building and its construction:

·        Construction of the building started in June 2017.
·        The project was completed on schedule and below budget of N$495 million despite the effects of the COVID pandemic.
·        The building now houses over 500 Nedbank staff that were housed in six different buildings across Windhoek.
·        97% of the total contract was placed on Namibian-owned companies, which was delivered by Namibians.
·        The building has achieved a 5-star Green Star design rating by the Green Building Council of South Africa.
·        The design team has submitted documentation to the Green Building Council to obtain an As Built rating, if obtained, will make it the first newly built 6-star building in the country.

A second home in a great location can serve as the perfect getaway, especially in one of the Southern African neighbouring countries given the easy access for SA property buyers, says the Seeff Property Group.

The City of Windhoek in November approved plans for 144 projects worth N$186.5 million.

Maerua Mall is set to undergo some major renovations, with property owner, Oryx Properties confirming that it is currently in the planning phase for the project, which is subject to raising the required capital, with a team to advise on the planned changes having been appointed.

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