RNB Properties Limited is one of the industry leaders in the real estate industry in Lesotho. We offer services in property/asset management, property sales, advisory services, property development, property maintenance and renovations for both commercial and residential properties.
Established in 2010, the company has significant investments in vacant land in Lesotho. RNB Properties is also the first company in Lesotho to list its shares on the Maseru Securities Market in December 2021.
We provide an extensive property listing, and within our advisory services, we have been commissioned by various organizations to carry out feasibility studies on the property market for property development purposes. We are therefore able to work with investors from research all the way through to the conveyancing process.
RNB Properties has a long track-record in the property industry, we have been working with both international tenants and local clients, we have been entrusted by many NGOs, embassies, international organizations based in Lesotho as well as our own home-grown reputable organizations in their property needs. Our agents are therefore experienced in this market and they maintain a professional service.
Our vision is to be the leading properties company in Lesotho by income return and be recognised for consistency in formulating and executing prime residential, commercial developments and acquiring prime assets to ensure we maintain a well-diversified property portfolio, with regular distribution of earnings to the shareholders of the company.
We have developed a 5-year strategy whose main focus is to grow the portfolio through acquisitions by increasing our land bank and developments on those prime land banks. Following an analysis of the current market conditions and need to reduce development risk, we will undertake pre-let or partially pre-let developments.
Given the current economic fundamentals and opportunities for prime residential and office developments, we embarked on the development of one of our prime residential and office park developments in the Hillsview area of Maseru. With the coming in of Maseru Securities Market, we have realised an opportunity to harness local resources to raise capital and gives Basotho an opportunity to own part the business and, in the process, create wealth for themselves and generations to come. The development will be funded by a combination of private debt and equity.
The business has invested heavily in tenant retention initiatives to ensure that existing tenants are not lost and is able to attract new tenants in order to maintain and improve occupancy levels currently sitting at 80% due to Covid.
Our growth strategy is premised on acquisitions and developments, supported by our focus to retain clients and enhance their experience in our buildings and in those premises, we manage. This strategy will position the company as a leading property investment company yielding competitive returns to compete and outperform other asset classes.
Key strengths of the Company are, inter alia:
• A well-recognised brand;
• Depth and breadth of management;
• Effective, well trained staff, led by incentivised management;
The Team
Our team is made up of employees from diverse professional backgrounds, areas such as; Marketing, Construction Management, Business Information Systems, Accounting, Urban and Regional Planning.
The positions our team holds is therefore the following: Property Agents, Accounting, Administration Staff, Maintenance Staff as well Plumbers, Electricians, Cleaners and Garden and Landscaping. The artisan staff members are also there to work on renovations projects.
Given the current economic fundamentals and opportunities for prime residential and office developments, we embarked on the development of one of our prime residential and office park developments in the Hillsview area of Maseru. With the coming in of Maseru Securities Market will realised an opportunity to harness local resources to raise capital and gives Basotho an opportunity to own part the business and, in the process, create wealth for themselves and generations to come. The development will be funded by a combination of private debt and equity.
The business has invested heavily in tenant retention initiatives to ensure that existing tenants are not lost and is able to attract new tenants in order to maintain occupancy levels currently sitting at 90%.
Our growth strategy is premised on acquisitions and developments, supported by our focus to retain clients and enhance their experience in our buildings and in those premises, we manage. This strategy will position the company as a leading property investment company yielding competitive returns to compete and outperform other asset classes.
Key strengths of the Company are, inter alia:
Real estate development
We offer a variety of services, below is the summary
We offer a full range of skills and knowledge to ensure our house refurbs are completed to a high standard and on time.
We advice clients about real estate decisions; we are always aware of the area we live in hence we can give the best advices always
We offer a full range of skills and knowledge to ensure our house refurbs are completed to a high standard and on time.
want to buy a new home? we are a number one place to start your next property search
We are here to help you achieve your dream home with expert Interior Design services.
Are you looking for the perfect property to rent in Lesotho? You have come to the right place.
We facilitate the progress of construction by considering potential problems that could arise during planning, development and post-construction and putting strategies in place to prevent them.
We provide expert advice on logistics and ensure projects adhere to any relevant codes of compliance.
Below is the collection of images from our recent renovation work at KFC – Bus Stop
Here are some of our recent listings projects. Please feel free to use them as inspiration..
We Have a tons Of Experience …and we are not afraid to use it. Take a look at our recent projects.
The 2021 KFC – Bus Stop Maseru is the most recent renovation work we did, the project itself is a success.
OUR growth strategy is premised on acquisitions and developments, supported by our focus to retain clients and enhance their experience in our buildings and in those premises, we manage.