BDC scales down property portfolio

Friday, July 28, 2017

BDC managing director, Gaetsaloe PIC: MORERI SEJAKGOMO

Botswana Development Corporation (BDC) is currently divesting from some of its investments in the residential property market with the Grand Palm Sunset and Grand Palm Mews being the latest.

The corporation is selling 32 three-bedroomed apartments at the Grand Palm Sunset and 38 units at Grand Palm Mews in Gaborone. The reserve-bidding price for the apartments in Grand Palm Sunset is P38 million while for the Grand Palm Mews is P25 million.

The sale is conducted through Residential Holdings, a 100% subsidiary of BDC, which was formed to develop the residential market from middle to upper class residential properties.

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BDC scales down property portfolio

Botswana Development Corporation (BDC) is currently divesting from some of its investments in the residential property market with the Grand Palm Sunset and Grand Palm Mews being the latest.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!