Maerua Mall’s multimillion-dollar makeover

As part of Oryx Properties Limited’s strategic expansion, Maerua Mall is currently undergoing a multimillion-dollar refurbishment aimed at enhancing its appeal, improving tenant retention and driving long-term rental income.

From a retailer’s perspective, this redevelopment presents a significant opportunity. The planned upgrades are expected to enhance foot traffic, modernise store spaces, and create a more immersive shopping experience, attracting a broader customer base. Retailers will benefit from a revitalised commercial environment, better infrastructure and increased brand visibility.

Moreover, with Namibia’s economy projected to grow by 3.8% in 2025, consumer spending is expected to rise, further boosting retail performance.

The project is also expected to introduce more diversified entertainment and dining options, making Maerua Mall a go-to destination for locals and visitors to the capital alike. By modernising its facilities, the mall aims to compete effectively with other retail hubs, ensuring its position as a top choice for businesses looking to expand.

Backed by Oryx’s disciplined capital allocation, Maerua Mall’s revival symbolises resilience in Namibia’s real estate sector. As market sentiment improves and interest rates decline, this redevelopment could serve as a catalyst for renewed investor confidence, benefiting both landlords and retailers in the long run.

For retailers seeking stability, growth and enhanced customer engagement, Maerua Mall’s transformation presents a golden opportunity to thrive in a revitalised commercial hub.