PrimeTime targets out of Gaborone retail market

Wednesday, November 26, 2014

Property company, PrimeTime says it is shifting focus to retail market growth opportunities in towns and villages outside Gaborone due to the saturation in the retail property industry within the city.

Presenting the company’s financial results for the year ended August 31, 2014 in Gaborone yesterday, PrimeTime managing director, Sandy Kelly, said although the retail market was saturated in many towns in Botswana there were growth opportunities in outlying areas such as Palapye, Mahalapye and Mochudi/Pilane.

“Now that Prime Plaza is complete we are evaluating other investment opportunities both in the Gaborone CBD and other outlying areas,” said Kelly.

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