Broll entered the Malawi market through a joint venture with a local property management company in 2007. The operation has grown significantly in a market where there are few institutional property owners and where many of the larger properties are in private hands – a sector not traditionally familiar with outsourced property management solutions.
This is changing fast as the benefits of a structured management programme start to emerge, and on the retail side alone Broll now includes four of the largest shopping centres in Malawi on its client list. The 15 000m2 Lilongwe City Mall, scheduled for completion in November 2010, will be the largest.
On the office front, Broll has built sound relationships with institutional investors and developers and manages a sizeable portfolio of buildings for the National Insurance Company of Malawi. This portfolio includes a selection of prestigious office buildings, including NBS Bank´s head office as well as that of a major supermarket.
Broll has offices in three centres – Blantyre, Lilongwe and Chichiri. Once again, the Group´s commitment to grooming and training local talented professionals is proving to be an important part of its growing success.
Broll´s service offering in Malawi includes:
- Retail Shopping Centre Management
- Specialist Retail Service
- Property Valuation
- Facilities Management
- Asset Management
- Leasing and Investments
- Property Development Service
- Property Advisory Service