• Masa Centre, Gaborone, Botswana

Holding the number one position by value is the prestigious Masa Centre situated in the CBD of Gaborone, Botswana. The property holds a value of P573 million, with a gross lettable area of 26,961m2. This property proudly hosts the flagship tenant in hospitality – Protea hotel by Marriott, Gaborone, Masa Square, as well as other complementary retail and office tenants. RDC’s national headquarters are also situated in this property. 

• Sub City Centre, Dubrovnik, Croatia

Our investment in Croatia includes this very successful shopping centre in the country’s second city, Dubrovnik. Boasting top retail tenants such as national supermarket Konzum and H&M, this property also has rental guaranteed by a head-lease with the anchor tenant. With a value of P494 million and GLA of 12,259m2, this property holds a significant portion of the market in the region. 

• VMD Kvart, Zagreb, Croatia

The unique VMD Kvart office block, situated in a prime location in the capital of Croatia, is another valuable part of our diversified portfolio within the country. With a GLA of 10,650m2 and a value of P410 million, this desirable property is replete with top-tier tenants including Unilever, Hrvatska Poštanska bank and Mazars.

• Cape Quarter Square, Green Point, Western Cape, South Africa

Our flagship property in Cape Town is the centrally located Cape Quarter Square, valued at P383 million and with floorspace of 22,057m2. The property hosts a range of both retail and office tenants such as Spar, Clicks and Rain, amongst many others. 

Awards: 

• Four-Star Green Rating from the Green Building Council of South Africa (GBCSA)

• Radisson Red, Rosebank, Gauteng, South Africa

Only developed in 2021, and valued at P293 million, this prime-located hotel is state of the art, in more ways than one. Operated by the renowned global hotelier, it has established its own unique character, regularly updating its showcasing of the best of African art. 

Awards:

• Five-Star Green Rating from the Green Building Council of South Africa (GBCSA)
• Four-Star Grading by the Tourism Grading Council of South Africa (TGCSA).
• Hotel – Brand New Hospitality Winner from Dubai-based LIV hospitality design Awards.

• Chobe Marina Lodge, Kasane, Botswana

The tranquil idyll of Chobe Marina Lodge is our sixth-largest property at P278 million. Located on the banks of the beautiful Chobe River, surrounded by safari and yet only minutes away from Kasane International Airport, this established hotel continues to attract guests from around the world. 

Awards:

• Green Tourism Certification awarded by the Botswana Ecotourism Certification System.

• Second place in the competitive “Camps and Lodges” category at the Botswana Consumer Fair

• Winner of the 2023 Travelers’ Choice Award Winner for Top Hotels Worldwide by TripAdvisor. 

• The Edge, Tyger Fall, Western Cape, South Africa

Number seven in our list of top properties is The Edge, valued at P270 million and with an area of 11,133m2. This A-grade office property houses blue-chip tenants Distell and PSG in a desirable, high-growth node. 

Awards:

• Five-Star Green Rating from the Green Building Council of South Africa (GBCSA)

• Yazaki, Zagreb, Croatia

The Yazaki building, valued at P190 million and with a GLA of 5,975m2 has benefited from growth in operations of its tenant, the blue-chip car parts manufacturer, Yazaki. The industrial property represents another success story in the Fund’s strategy of portfolio diversification. 

• Sunclare, Claremont, Western Cape, South Africa

Another of our flagship office properties, the Sunclare building has proved to be one of the Fund’s best-performing investments. The property is located in the centre of a thriving node in Claremont, next to Cavendish shopping centre and surrounded by top financial services companies. The property, valued at P212 million and with 14,704m2 of lettable area, itself hosts a well-balanced mix of blue-chip and up-and-coming tenants, including WNS, Spaces/Regus and Bootlegger Coffee.  

• Meridijan 16, Zagreb, Croatia

The Meridijan 16 property, at P262 million and 9,362m2, is a successful shopping centre in Croatia’s capital. Anchored by national supermarket Konzum, and under a head-lease agreement, this property benefits from high-yielding, stable income.