Industrial assets buoy Letlole�s portfolio

Dunlop warehouse is one of the several industrial properties owned by Letlole
Dunlop warehouse is one of the several industrial properties owned by Letlole

The value of Letlole La Rona’s (LLR) property portfolio has shown resilience to challenges currently facing the market. It achieved a P43.8 million growth for the year ending June 30, 2015, compared to the corresponding period in 2014.

According to their annual report, the LLR portfolio was valued at a recorded P622.3 million compared to the P578.5 million registered the year before on the back of strong support from industrial properties.

Property experts have indicated that the prices have been dropping recently as supply outstripped demand, particularly in the office space.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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