RDC banks on Masa Centre for growth

Thursday, August 13, 2015

The Botswana Stock Exchange (BSE) listed property company, RDC Properties is confident that the effect of the upmarket Masa Centre and new developments will underpin the growth of the group in the next few years.

According to the group’s executive chairman Guido Giachetti, Masa Centre continues to perform well and the revenue has increased by 12 percent to P18.4 million in the first six months of the year compared to P16.5 million in 2014.

“This is due to rental escalations, the growth of the Lansmore Masa Square Hotel turnover rental and reduced vacancies at the Centre,” he said.

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