Property Flash


March 10 2024

As a number of players look to enhance Namibia’s real estate sector, the South African Property Owners Association (Sapoa) and Namibian counterparts have launched the Namibian Property Association (NPA).

After a call to action from Namibian property owners in early 2020, Sapoa mobilised resources and experience to assist with the formation of this specialised industry association. Consultations and meetings, held throughout 2021 and 2022, ended in the NPA’s establishment in late 2023.

SAPOA cooperated with local players, including industry Oryx Properties, Broll, and Safland, in setting up the NPA.

The NPA is modelled on SAPOA service offerings and intended to offer its members a full suite of resources and support including training programmes and webinars on research initiatives and advocacy efforts to help position the NPA to drive innovation and growth.

“Given the growth, development and thriving sector, the NPA places a high value on continuing education. Our employees need to learn and expand on their existing knowledge to ensure we meet international standards. Getting involved in the NPA and becoming a member ( also means you have a chance to help advocate for our industry at government level,” said the inaugural President of the NPA and CEO of Oryx Properties, Ben Jooste.

“The NPA’s shared commitment to learning and professional development strives to empower its members to navigate the intricacies of the property landscape efficiently,” he said.

Neil Gopal, CEO of Sapoa said:

“Industry associations facilitate networking, industry updates, and growth opportunities for businesses. They function as a community, assists in networking with peers that share similar goals and interests.”

The NPA launch was supported by the presence of organisations such as Nedbank, RMB, Old Mutual, Namdeb, Transnamib, Atterbury Property Group, GIPF, Safland, Broll Namibia, Bank Windhoek and ABSA.

The NPA said it plans to be well-positioned to define Namibia’s real estate landscape for future generations by encouraging collaboration, promoting innovation, and pushing for positive change.

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