NEWS

TRUSTCO PROPERTY HOLDINGS RECEIVES ENVIRONMENTAL CLEARANCE FOR INDUSTRIAL TOWNSHIP DEVELOPMENT

22 September 2023 – Trustco Property Holdings (Pty) Ltd (Trustco Properties), a part of the diverse investment portfolio of Trustco Group Holdings Ltd and a leader in Namibia’s industrial land development, is proud to announce the third successful renewal of its Environmental Clearance Certificate (ECC) for the Lafrenz Industrial Township Development. This industrial project boasts a prime location, situated just 7km away from the central business district of Windhoek, on the remaining land of Farm Nubuamis No. 37.

Trustco Properties acquired the 302-hectare parcel in 2004, successfully developing 83 hectares to date into industrially zoned areas known as Lafrenz Extensions 1, 2, and 3. This industrial progress has given rise to a multitude of job opportunities in the short-, medium-, and long-term, bolstering economic expansion. The remaining 157 hectares, comprising Portion 81, 133, and The Remainder of Portion A, present future industrial development opportunities.

This ECC renewal underscores Trustco Property Holdings’ unwavering dedication to sustainable industrial development and rigorous compliance with Namibia’s environmental regulations. The company’s proactive stance toward environmental management encompasses comprehensive plans that not only guarantee economic sustainability but also uphold environmental responsibility.

“We’re thrilled to renew the ECC for the Lafrenz Industrial Township Development,” said Le-Hugo van Rooyen, CEO of Trustco Properties. “Our steadfast commitment to compliance and responsible growth drives our dedication to maintaining the highest environmental standards. Detailed planning and preparations for the next phase of the Lafrenz property development are well underway.”

Trustco Properties has consistently demonstrated its commitment to compliance, fostering positive partnerships with governmental authorities, investors, private sector stakeholders to accelerate responsible industrial growth while preserving the environment.

PETROSOL SECURES LAND AT ELISENHEIM

19 September 2022 – The Elisenheim Property Development Company (EPDC) has contracted with Petrosol to develop a fully-fledged service station on the Elisenheim Lifestyle Estate (Elisenheim).

Over the last 12 years, the growth of Elisenheim has set the pace and the trend of the commercial development of the premier lifestyle property development in Namibia. As the development progressed, state-of-the-art security systems were installed to meet the safety needs of the residents. Further developments, such as a church, a convenient and accessible shopping center with various amenities including a pharmacy as well as a daycare facility were added as the needs of residents grew.

Now, the next logical need will be addressed to further enhance and bring quality services closer to the residents, workers, and visitors of Elisenheim.
The 24-hour service station will be situated on 9 000 square meters of prime property on the estate and will boast three fuel pumps, a quick shop, bakery, coffee shop, car wash, drop-off zone and a fast-food establishment. The groundbreaking is expected to take place within the next few months, and the service station is anticipated to commence operations in approximately two years.

Le-Hugo van Rooyen, CEO of Trustco Properties, noted that the development will alleviate the burden of residential development, traffic and infrastructure on the City of Windhoek. “The service station at Elisenheim will not only enable residents of the estate to obtain fuel closer to home, but this valuable and convenient service will most definitely benefit the neighboring small holdings and mushrooming businesses in the vicinity,” he said.

The Elisenheim Lifestyle Estate has been setting down roots since 2005 with the Elisenheim Estate officially launched on 30 January 2010. During 2014 Trustco Property Holdings acquired the Elisenheim Property Development Company (EPDC) being the registered owner of Portion 5 of the Farm Elisenheim No.68

“Petrosol is a wholly Namibian owned company, that was established as a natural outflow of the retail business which Northern Fuel Distributors (NFD) established over the years of its existence. The focus of Petrosol is to construct cost effective, service stations throughout Namibia, which can be managed by independent or owner operators,” Johan Botes of Petrosol said.

In 2010 NFD started working on the retail concept and registered an operational entity under the name Petrosol Petroleum Solution.
NFD is one of the largest private fuel suppliers in Namibia in terms of volumes and it manages several millions of liters monthly whilst serving over 800 satisfied customers throughout the country. The Elisenheim service station project promises to stand proud as the flagship outlet in the Khomas region.