Maputo, Mozambique

Located 13km north of central Maputo, offering shopping convenience outside the busy city centre in a key junction, Zimpeto Square was developed in 2012.

This B+ grade shopping centre was acquired in August 2015. The property is to be refurbished in the new financial year to improve on the offering to tenants and shoppers alike.

Property Details

Sector Icon - Retail

Zimpeto Square

Retail Sector 
100% Ownership
Location:Maputo, Mozambique
Anchor Tenant:VIP Spar
Acquisition Price:US$10.2 million
Valuation1 (as at Dec 2019):US$6.6 million
Acquisition Date:Monday, 31 August 2015
WALE – GLA:2.19
WALE – Income:3.00
Land Title:Freehold (50+50)
GLA1:4 771 m²
EPRA Vacancy:33.3%
Parking Bays:118
EPRA NIY:5.0%

Value presented proportional to ownership interest held, 100% GLA reported

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