BPOPF buys PrimeTime�s Francistown properties

Wednesday, August 26, 2015

Blue jacket square .Pic. Christinah Mothabane

PrimeTime is disposing of its two flagship properties in Francistown to the Botswana Public Officers Pension Fund (BPOPF) in a P71million deal.

The disposal of the properties, Barclays Plaza and Blue Jacket Square, is expected to unlock fresh funds for the property company, in a market constrained by high cost of funds as well as liquidity shortages.

“The board of PrimeTime Property Holdings announces that agreement has been reached for the disposal of the two properties for a total consideration of P71 million, payable in cash,” the listed property company said in a statement.

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BPOPF buys PrimeTime�s Francistown properties

PrimeTime is disposing of its two flagship properties in Francistown to the Botswana Public Officers Pension Fund (BPOPF) in a P71million deal.

Ramogapi, Palapye’s dapperly garbed legislators

Citizenship isn't for sale—Mokgware

Intervene early, don't rely on death penalty—Boko

Micro-procurement maze demands urgent reform

Christmas tree charcuterie

Ditori Comedy Night: Laughter echoes through the night

A mother's enduring GBV grief: 'I forgave Africa's killer'

Mortgage loans remain mute into Q3- FSC

Micro-procurement maze demands urgent reform