Mukuba Mall (50% share)

Mukuba Mall is an early stage super convenience centre, developed in 2015. Prior to the commissioning of the centre, residents of Kitwe had to travel to Ndola (60km from Kitwe) or Lusaka (378 km from Kitwe) for formal retail shopping.

The strip mall is self-contained with back-up power generators and potable water to ensure uninterrupted trading.

Kitwe is the second largest city in terms of size and population in Zambia and one of the most developed commercial and industrial areas in the nation, alongside Ndola and Lusaka. It has a complex of mines on its north-western and western edges.

Location

Kitwe, Zambia

Anchor Tenant

Shoprite, Game, Pick n Pay

Sector

Retail

Land Title

Leasehold

GLA

28 230 m²

Parking Bays

670

Vacancy

0.9%

Valuation (as at June 2017)

US$69.8 million (100% of the asset)

Transfer Date

End December 2016

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