African Initiatives
Eris embarked on a strategy of increasing business activity in Africa in 2004, and have several successful initiatives in Southern Africa.
Botswana
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Activities conducted through Khumo Property Asset Management (Pty) Ltd – 50:50 owned with Botswana Insurance Fund Managers |
| • | Asset management for Turnstar Holdings (Pty) Ltd, listed on the Botswana Stock Exchange |
| • | Asset management mandate for Debswana Pension Fund property portfolio |
| • | Development partner mandate with Botswana Rail on several propeties |
| • | Development of 7 500m² office block for Pension Fund - Gaborone |
| • | Property development, property management and leasing services in the Botswana market |
www.khumopam.co.bw
Zambia
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Activities conducted through Sinyuka Property Development and Management Company Ltd – 50:50 owned with African Life Financial Services Zambia |
| • | Investment in Falls Park Shopping Centre - Livingstone |
| • | Development of 6 000m² for MTN Zambia for Pension Fund - Lusaka |
| • | Property development services in the Zambian market |
In addition to Botswana and Zambia, Eris is actively expanding activities in other viable African countries.
