Oryx Properties

19 Sep

Oryx expects to reach N$459m revenue

ObserverObserver MoneyBen Jooste Jooste, Dunes Mall, Oryx Properties

CHAMWE KAIRA Oryx Properties remains optimistic about the country’s growth prospects and the company’s ability to meet its target of achieving a fund size of N$4.5 billion and annual revenue of N$450 million by 2025. The company said despite anticipating short-term challenges, including national elections and global economic uncertainties, Oryx’s robust strategy positions the group for continued success. “We are well on track to meet our long-term goals,” CEO Ben Jooste Jooste added. “With a solid foundation in place and favourable market sentiment, we are confident in our ability to drive future growth and deliver value to our unitholders.” For…

Oryx Properties, Scania Namibia go solar

ObserverFeaturedOryx Properties, Scania Namibia go solar

Oryx Properties and long-term tenant Scania Namibia installed 218 state-of-the-art solar panels on the roof of the Scania building in the Northern Industrial area, representing a substantial investment of N$ 1.4 million. The newly installed solar panels, with a total capacity of 91Kwatt, are set to transform energy consumption at the Scania facility. By harnessing the power of the sun, the solar panels will generate clean and renewable electricity, significantly reducing the reliance on conventional energy sources. This sustainable energy solution aligns perfectly with the Environmental, Social and Governance (ESG) strategies of both Oryx Properties and Scania Namibia. Clifford Marchbank,…