New African Properties Ltd
NAP.BT – BOTSWANA STOCK EXCHANGE
Business Description
New African Properties Limited is a Botswana-based property investment company. The Company possesses real estate assets that generate rental income from tenant to enable a consistent distribution flow to investors. The Company offers investors the opportunity to share in a diversified portfolio of approximately 67 primarily retail properties across Botswana, as well as a small portfolio of Namibian retail properties, all underpinned by tenants. Its portfolio comprises over 67 properties, with 60 properties in Botswana, and seven properties in Namibia. Its property portfolio includes Riverwalk, Kagiso Centre, Gaborone Shopping Center, Mafenyatlala Mall, Riverwalk Plaza, Kasane Mall, Madirelo Centre, Mokoro Centre, Plot 8 Station and Tlokweng Shopping Centre. The property portfolio has a diverse geographical presence covering the urban areas, such as Kasane, Maun, Ghanzi, Serowe, Letlhakane, Palapye, Mahalapye, Molepolole, Gaborone, Jwaneng, Lobaste, Ramotswa, Serowe and other.
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