Owners of new plaza moot second phase

Speaking this week in Gaborone at the announcement of their financials for the year ended 31 December 2009,Group Managing Director Guido Giachetti said the centre, in which they have a 53 percent stake while the rest is owned by citizen companies, has had overwhelming demand from potential tenants, bringing excitement into the market. The centre, which Giachetti says will transform Gaborone's city space, comprises a 155-room hotel and retail space for restaurants, a cinema, boutiques and office blocks.

"With the hotel already taken up with a lease with African Sun Limited (ASL) which shall be operating a four-star hotel under the Holiday Inn brand, the retail space is about 80 percent occupied with some tenants coming from as far as Brazil and some South African jewellery companies," says Giachetti.