Atterbury’s Pemba Shopping development in Mozambique opens
Atterbury has successfully completed the first-phase development of the USD20 million Pemba Shopping in Mozambique’s port city of Pemba, the capital of Cabo Delgado province.
Pemba Shopping is a JV between Atterbury and TradeHold Africa. It is an 8,000-m2 shopping centre that adds a new level of retail convenience for the city. The centre was officially opened by President Filipe Nyusi on 28 June and opened to the public on 29 June 2017.
The new Pemba Shopping is one of three shopping centres that Atterbury is delivering across the African continent in 2017. Atterbury developed the world-class 18,500 m2 Kumasi City Mall which opened in Ghana in April 2017. In partnership with Tradehold, Atterbury is also developing the 27,000-m2 Dunes Mall in Walvis Bay, Namibia, which is scheduled to open in October this year.
Pemba Shopping is anchored by a 3,500 m2 Shoprite supermarket, the first in the city. OK Furniture and Pep also opened at the centre. In addition, it features over 4,000 m2 of retail space in 20 stores. Designed by architects Aevitas Group, the centre has a superb location, generous on-grade parking, security and guaranteed 24/7 power including reserve generators.
Cobus van Heerden of Atterbury Property Development says: “The city of Pemba has enormous economic potential and we are proud to invest in its future with this key development. Doing business in Mozambique, and in Pemba specifically, has been an immensely positive experience.”
Pemba is also perfectly placed to benefit from massive business growth. One of the biggest discoveries worldwide of offshore gas in the decade is in Mozambique’s Rovuma Basin, which is offshore from the port city. The Pemba development includes 8,000 m2 of future expansion potential, which has been earmarked for a second phase of offices.
More information from Zahn Hulme, Tel: 012 471 1600 / www.atterbury.co.za