{"id":32104,"date":"2022-10-24T16:33:53","date_gmt":"2022-10-24T16:33:53","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/gipf-invests-n90-million-in-rehoboth-shopping-centre"},"modified":"2022-10-24T17:11:46","modified_gmt":"2022-10-24T17:11:46","slug":"gipf-invests-n90-million-in-rehoboth-shopping-centre","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/gipf-invests-n90-million-in-rehoboth-shopping-centre","title":{"rendered":"GIPF invests N$90 million in Rehoboth shopping centre"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>THE Government Institutions Pension Fund (GIPF) has invested N$90 million in a shopping centre at Rehoboth.<\/p>\n

In a media statement on Monday, GIPF spokesperson Edwin Tjiramba said the investment in the 92 000 square metre shopping centre was done through Old Mutual as the fund manager, and the Rehoboth Community Trust as the special purpose vehicles.<\/p>\n

\u201cThe GIPF is proud to have impacted the community of over 29 000 inhabitants with pre and post job creation, increasing value of the properties in surrounding areas of the mall and creating a one-stop-shop experience for the community,\u201d Tjiramba said.<\/p>\n

He said the GIPF prides itself in empowering experts in the industry, such as fund managers and special purpose vehicles, to invest in projects nationwide that not only impact GIPF members but the entire country.<\/p>\n

\u201cFrom over N$5,3 billion invested in Namibia through unlisted investments as of 31 March 2022, GIPF has injected over N$177 million into the Hardap region, through projects ranging from solar energy, housing and retail property,\u201d he said.<\/p>\n

The shopping centre comprises retail shops such as Shoprite, Bears, PEP, Dunns and Hungry Lion, as well as and several financial facilities.<\/p>\n

It also has 3 455 solar panels, which produce roughly 3 000 kilowatts of electrical energy daily.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. THE Government Institutions Pension Fund (GIPF) has invested N$90 million in a shopping centre at Rehoboth. In a media statement on Monday, GIPF spokesperson Edwin Tjiramba said the investment in the 92 000 square metre shopping centre was done through Old Mutual as the fund manager, and the Rehoboth Community Trust as […]<\/p>\n","protected":false},"author":84,"featured_media":32103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-32104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nGIPF invests N$90 million in Rehoboth shopping centre - Namibia<\/title>\n<meta name=\"description\" content=\"THE Government Institutions Pension Fund (GIPF) has invested N$90 million in a shopping centre at Rehoboth. 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