Swindon Property is pleased to launch an attractive USD investment opportunity, comprising a Blue-Chip Commercial Property Portfolio in Uganda. Consisting of 3 Commercial Office assets well located in the capital city of Kampala, Uganda.
The Portfolio presents the rare opportunity to acquire a property portfolio with income in USD. A hedge against local currency volatility. The portfolio comprises 2 modern commercial building assets and a Commercial Business Park, all leased to Blue Chip tenants.
The properties are located in sought after locations in Kampala. The properties are all situated in established commercial locations and benefit from excellent road connectivity.
The assets provide a total floor area of approximately 317, 340 sq ft (30,000m2).
Land Lease Tenure ranges from 18 – 52 years unexpired.
We are instructed to seek offers in excess of US $39.5M exclusive of VAT and subject to contract. A purchase at this level reflects an average Yield of 8.00% across the portfolio. Based on an average occupancy of 86%, there is further room for improvement.
The assets can be purchased separately or as a lot.
Contact : Geoff Kruger +27 076 346 7486
geoff@swindon.co.za
