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Video

Tuesday, 19 October 2010 02:00

Sungate Namibia takes off

Published By  eProp Commercial Property News
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Accolade Properties Namibia is exceptionally pleased to announce that the Sungate project at HKIA officially went out to tender on Tuesday 12th October 

Peter CollinsThe tender is for the bulk services on its Initial Phase, which is 12,5 ha in extent and is situated on the northern side of the B6 trunk road, at the Hosea Kutako International Airport intersection with the Trans-Kalahari Highway.

At a very professional private tender briefing held at Windhoek Consulting Engineers, the top Namibian civil construction companies were present to be briefed on the tender for the provision of roads, power, water, sewer to the mixed-use development.

Having signed a deal with a multi-national oil company on the filling station site and a multi-national hotel operator on the hotel site, with good take-up from the local tourism industry and some industrial warehousing users, as well as an affordable residential scheme which is is also about to go to market on the eastern side of the intersection: Sungate is finally ready to take its rightful place with the leading developments in Namibia.

“It’s been an amazing journey” said marketing director Pete Collins, “ but we’re ecstatic to be getting out of the ground. The financial crisis in 2008 put us in a difficult position, but we stuck to our guns and made it work”.

The tender closes on the 1st November 2010 and will be awarded before year-end for commencement on the 17th January 2010, and the works is due for completion mid-July 2011.

With some of Windhoek’s most eminent developers purchasing land, and local equity partners also coming on board, it makes this project truly a Namibian jewel.

Last modified on Monday, 14 April 2014 12:56
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Listed Property, REIT, Real Estate Funds

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September 01, 2015 Office, Retail, Industrial, Hotels and Residential eProp Commercial Property News
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Green Building and Sustainability

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Technical Manager Position at GBCSA Cape Town

August 18, 2015 Green Building and Sustainability eProp Commercial Property News
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Commercial Property Auctions

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Africa, International Property News

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