Turnstar Holdings, a leading property investment and development company based in Botswana and listed on the Botswana Stock Exchange (BSE), has unveiled plans to expand its operations into East Africa. This strategic move builds on the company’s strong performance in Botswana and Tanzania, driven by successful Public-Private Partnerships (PPPs) and impactful property developments.
Proven Success in PPPs
Turnstar’s growth to date has been fueled by its expertise in managing, maintaining, and developing high-profile projects. Key achievements include:
• Mlimani City in Tanzania, a partnership with the University of Dar es Salaam.
• Game City Mall in Botswana, developed in collaboration with the Roman Catholic Church.
These projects have established Turnstar as a trusted name in property investment, with a track record of delivering value for stakeholders and communities.
Targeting East Africa’s Dynamic Market
The company views East Africa as a region brimming with potential, citing its dynamic economies and growing demand for high-quality property developments. Turnstar’s expansion aligns with its vision to create impactful projects tailored to regional and local needs.
“East Africa holds incredible potential, and we are confident our proven model and commitment to excellence will drive success for Turnstar and our stakeholders,” said Gulaam Abdoola, Managing Director of Turnstar Holdings.
A Commitment to Shared Value
Turnstar’s business philosophy emphasizes shared value, innovation, and strong partnerships. “Our strength has always been in identifying and capitalizing on opportunities that deliver shared value to our stakeholders and communities,” Abdoola added.
With this guiding principle, Turnstar is well-positioned to replicate its success in East Africa, ensuring its developments resonate with the region’s unique market dynamics.
Looking Ahead
As Turnstar prepares to expand, it remains committed to maintaining the high standards of quality and partnership that have defined its journey in Botswana and Tanzania. The company’s entry into East Africa marks a significant step in its mission to grow as a regional leader in property investment and development, creating lasting value for shareholders and communities alike.
