GIPF invests US$1.3m in housing development by Beucorp Group

NAMIBIA – The Government Institutions Pension Fund (GIPF) has invested over N$20 million (US$1.34m) in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund. Beucorp, a Namibian company, was established in 2009 and developed over 120 housing units with prices ranging from N$800,000 (US$53,726) to N$1.5 million (US$100,736) in Extension 3, Tamariskia, Swakopmund. Through the GIPF investment…

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