The Ohlthaver & List (O&L) Group has announced the successful acquisition of the remaining 49.9% shares in Broll Namibia, previously held by the Broll Property Group (Pty) Ltd.
Effective 01 July 2024, this transaction marks a significant milestone in Broll Namibia’s journey towards achieving Vision 2029, positioning the company as the sole shareholder.
Sven Thieme, Executive Chairman of the O&L Group: “As a company born in Namibia, we take immense pride in our ability to contribute positively to the nation’s growth and development, presenting new opportunities for innovation and expansion within the property market. This acquisition is a testament to our unwavering commitment to creating a sustainable future for our business, our people, and our country. Full ownership of Broll Namibia enables us to deliver enhanced value to our clients and stakeholders, further strengthening our position as a leader in the property management sector.”
Broll Namibia, is a prominent player in the Namibian property market, specialising in comprehensive property management services. Their expertise spans across commercial, retail, and industrial properties, providing tailored solutions that meet the unique needs of their clients. By focusing on excellence and innovation, Broll Namibia has established itself as a trusted partner in the industry, known for its commitment to quality and client satisfaction.
Karen Keys, Managing Director of Broll Namibia, expressed her enthusiasm for this new chapter: “. As Broll Namibia, we are excited to contribute to Vision 2029 by providing exceptional service and contributing positively to the local economy. This acquisition not only solidifies our position in the market but also empowers us to diversify our offerings and explore new avenues for growth and innovation, ensuring we continue to meet and exceed the expectations of our clients.”
Looking ahead, the O&L Group is dedicated to fostering a progressive and inclusive future, aligning its strategies with the broader goals of Vision 2029 in an authentic, caring and passionate manner. Broll Namibia’s acquisition is more than just a business decision; it is a step towards realising a future where its people and the nation thrive.