Tete, Mozambique
Tenanted by Vale and Barloworld, the VDE Housing Estate offers prime accommodation within Tete, and features 203 bedroom units.
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 (203 Units) |
| EPRA Vacancy: | 0.0% |
| Parking Bays: | 200 |
| EPRA NIY: | 7.32% |
1 Value presented proportional to ownership interest held, 100% GLA reported
