Neville Basso

Trustco, W&B close major property transaction

Trustco, W&B close major property transaction

Tujoromajo Kasuto Trustco Properties has concluded a major property transaction with Namibian retail giant, Woermann, Brock & Co.The 128-year-old legendary Namibian trader, today well known as Woermann and Brock, is a 100% Namibian owned retail and wholesale group, which offers employment to more than 2,000 Namibians and has supermarkets, wholesalers and liquor stores across the country.Trustco Properties forms part of the real estate investment portfolio of Trustco Group Holdings Ltd (Trustco), one of Namibia’s largest investment groups.Neville Basson, Trustco’s spokesperson, says this transaction concludes the investment Trustco Properties has made in Extension 3 of Lafrenz Industrial Park, as these were…
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