Acquisitions, developments boost Far Properties’ asset base
Friday, November 15, 2024 | 630 Views |
In the portfolio: Artists rendition of the Choppies Distribution Centre in Francistown
The diversified property developer’s assets were bolstered by developments around existing properties as well as acquisitions.
According to the company’s full-year results to June 2024, FPC's reconciliation of investment property, a figure representing additions to property investments, totalled P102 million. This includes direct acquisitions of P42.6 million and subsequent developments to properties of P59.3 million.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...