Tete, Mozambique
Tenanted by Vale and Barloworld, the VDE Housing Estate offers prime accommodation within Tete, and features 83 three-bedroom units and 40 two-bedroom apartments with air-conditioning.
Sport and recreation facilities such as tennis courts and a swimming pool complete the offering.
Property Details

VDE Housing Estate
Corporate Accommodation Sector
100% Ownership
Location: | Tete, Mozambique |
Anchor Tenant: | Vale and Tsebo Serco |
Acquisition Price: | US$33.1 million |
Valuation1 (as at 31 Dec 2020): | US$70.7 million |
Acquisition Date: | Friday, 30 September 2016 |
WALE – GLA: | 3.26 |
WALE – Income: | 3.42 |
Land Title: | Freehold |
GLA1: | 25 555 m² |
EPRA Vacancy: | 0.0% |
Parking Bays: | 200 |
EPRA NIY: | 7.32% |
1 Value presented proportional to ownership interest held, 100% GLA reported