25
Jun
Stefanus Nashama Namibia's property market has witnessed minimal growth since the onset of the economic downturn in 2015/16. This is according to Adrian Gläser, an equity associate at Curris Capital. According to Gläser, the national rental index, which reflects the average rent charges, has remained stagnant since 2016 and has subsequently fluctuated around minimal growth levels. “When adjusted for inflation, this indicates that the real value of average rents decreased to about 68 percent of their 2016 levels,” he said. Gläser further stated that the national housing index, which tracks average house sale values, performed slightly better. “It stands only…