RDC Property
We grow shareholder value by
owning and managing strategic property assets
that enrich the stakeholders and communities we serve.
Annual Financial Results
Who is RDC?
Founded in 1992 and restructured to a Variable Rate Loan Stock (VRLS) in 1996, RDC is a publicly quoted company listed on the Botswana Stock Exchange (BSE), leading the way in real estate investment and management in Botswana. Starting with commercial ventures, our portfolio, now valued at P6 billion, spans office spaces, retail centers, residential developments, and hotels across seven countries, including a growing presence in South Africa and recent expansions into Zambia, the USA, and Croatia.
We emphasize sustainable, profitable investments in diverse markets. Our vision is to be the leading real estate company in Botswana, recognized for our international reach, expertise, innovation, sustainability, integrity, and client-centric approach.
Our Property Portfolio
Properties in Portfolio
Portfolio Value (Pula)
Operating Countries
Founded in
USA
Portfolio value: P46,753,000
GLA: N/A
Number of Properties: 1
Property Use: Development
Croatia
Portfolio value: P1,334,093,567
GLA: 38,426m2
Number of Properties: 4
Property Use: Industrial, Retail, Office
Zambia
Portfolio value: P74,560,000
GLA: 8,250m2
Number of Properties: 1
Property Use: Hospitality
Botswana
Portfolio value: P1,474,367,000
GLA: 70,244m2
Number of Properties: 21
Property Use: Hospitality, Industrial, Land, Mixed Use, Office, Residential, Retail
South Africa
Portfolio value: P2,743,844,569
GLA: 207,354m2
Number of Properties: 35
Property Use: Hospitality, Industrial, Mixed Use, Office, Residential, Retail
Madagascar
Portfolio value: P28,468,000
GLA: 8,900m2
Number of Properties: 1
Property Use: Hospitality
Mozambique
Portfolio value: P69,950,558
GLA: 6,667m2
Number of Properties: 3
Property Use: Retail
Our Sectorial Diversified Portfolio
Experience our broad array of properties across various sectors, showcasing our commitment to diversified investments.
%
Hospitality
%
Office
%
Residential
%
Retail
%
Industrial
RDC’s top 10 Properties by Value
- 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.
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We integrate our sustainability strategy with the objectives of the UN Sustainable Development Goals
Our key Sustainable Development Goals (SDGs)
Latest News
Protea Hotel, Masa Centre – Global Customer Appreciation Week, World Children’s Day Celebration with School of Deaf, 4th Annual Hatab Golf Day & Rati The Cooking Kid
Global Customer Appreciation Week (GCAW) is a cultural pillar for all Marriott-branded hotels. This year’s theme is “Marriott Bonvoy Endless Possibilities!” It is an important week, where we take
Cape Quarter Lifestyle Centre – Kind Heart Bench Project
The D-School Afrika team, in collaboration with the Kind Heart Bench Project, has been engaging with tenants and shoppers at Cape Quarter to discuss the initiative and its impact.
Masa Centre Carols by Candlelight Charity Event
Our annual Carols by Candlelight & Charity Handover event was a heartfelt success, leaving a meaningful impact on all who attended. As a charity-focused gathering, it brought together local
Ngwapa Primary School Prizegiving
RDC proudly sponsored the annual Ngwapa Primary School Prize Giving on 28th November, supporting learners in need of financial assistance to sustain their education. This annual initiative is close
Botswana Real Estate Conference and Expo: RDC Country Manager, Letsweletse Ramokate – facilitator for panel discussion.
The Botswana Real Estate Conference and Expo proved to be a significant event where industry players, leaders, and decision-makers gathered to share knowledge and insights on the pressing issues
Italy In The City Festival
The Italy in the City Festival, hosted by our very own Cape Quarter, was a resounding success, drawing vibrant and buzzing crowds throughout the weekend! The festival truly offered
The David Livingstone Safari Lodge & Spa in TripAdvisor’s Travelers’ Choice Awards 2024
RDC Properties Limited is thrilled to announce that The David Livingstone Safari Lodge & Spa, an esteemed property in the RDC portfolio, has been honoured in TripAdvisor’s Travelers’ Choice
Senior Living Lifestyle Conference
At RDC Properties, we have always envisioned a world where senior living is filled with joy and vitality—a place where companionship, support, and personalized care are easily accessible. As
Boitumelo Primary School Initiative
We are committed to enriching the communities we serve, and this month, RDC Property Group’s Botswana Country Manager, Mr. Ramokate, proudly awarded prizes to the top three students at
Westlake shopping Centre | Heritage Day Giveaway
To celebrate Heritage Day, Westlake Shopping Centre held an exciting giveaway, giving shoppers the chance to win their share of R5000 in vouchers. Shoppers entered by spending R200 or