Premium corporate housing compounds, catering for expat executives, featuring luxury accommodation, business advisory, life support services and logistic centres. Both projects were conceived, designed, developed, and managed (before exit) by Hayaat Group.
Real estate Professional Services
Pemba and Tete towns, Mozambique
Completed and sold
Hayaat Group acquired land, designed, funded and developed two large serviced accommodation compounds in the towns of Pemba and Tete. The premium apartments were built to South African construction standards with onsite catering, fully serviced management setup, restaurants, swimming pools and bars.
The compounds were developed to high specifications for premium clients, with state-of-the-art food and beverage outlets headed up by a renowned chef, pure and clean mains drinking water, 24-hour electricity supply and back-up generators. Major clients included Barlow World, Halliburton and Anadarko.
We were among the first to identify that Mozambique was emerging as a key mining and exploration destination, attracting major companies and expats from across the globe. The group zeroed-in on a unique opportunity to develop corporate housing and life cycle support services, in partnership with an Africa-focused fund.
Hayaat Group entered into a JV with Maris Africa Fund (MAF) to develop and manage the townships. The group developed an on-ground presence, acquired land at key sites (on the banks of the river Zambezi), hired local staff, developed the compounds and managed them before exit.
