Integrated Properties (IP), a local real estate firm, has clinched a lucrative deal to manage the Africa Export Import Bank (Afreximbank) southern African head office in Harare, businessdigest learnt this week.
The pan-African lender is one of Zimbabwe’s biggest funders, and has recently been consolidating its grip on the domestic market, where its interventions span across various industries.
Government allocated Afreximbank land to the facility about four years ago.
It is expected to house a hotel, trade information centre, a conference centre and tech incubation lab.
Afreximbank’s Harare Africa Trade Centre (HAATC) was this week said to be almost complete.
Mike Juru, chief executive officer at IP, said this week the complex was nearing completion, and the real estate firm was moving to enlist high end companies and international organisations to occupy the building.
Juru said IP would be talking to multinational banks, global trading houses, technology firms, diplomatic institutions, and regional development organisations.
“We have been appointed the professionals to secure tenants for the building,” Juru told businessdigest.
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“A project of such scale necessitates an astute and strategic approach to tenancy management,” Afreximbank said.
“Integrated Properties, a preeminent force in real estate consultancy and property management, has been entrusted with overseeing the leasing process for HAATC. As the designated letting consultant, Integrated Properties has already commenced tenant applications, meticulously curating a selection of occupants whose commercial stature aligns with the centre’s vision of fostering economic synergy and sectoral diversity,” it said.
“Integrated Properties’ mandate transcends conventional leasing; the firm is diligently engineering a cohesive commercial ecosystem wherein enterprises from diverse industries can engage, collaborate, and drive collective prosperity. To that end, the firm is in active dialogue with an elite cadre of potential tenants, spanning multinational banks, global trading houses, technology firms, diplomatic institutions, and regional development organisations. This proactive engagement ensures that HAATC is not merely occupied but optimally tenanted with businesses that contribute meaningfully to its vibrancy and economic dynamism,” the African lender said.
Afreximbank has successfully completed similar projects across Africa.
These include the African Trade Centre in Cairo, Egypt, which has established itself as a key facilitator of intra-African commerce by providing a centralised hub for trade finance, commercial engagements, and diplomatic liaisons.
“The bank also spearheaded the Kigali Financial Centre, a dynamic initiative designed to strengthen Rwanda’s position as a financial services hub in East Africa. This development has spurred financial innovation and improved capital access for businesses operating across the region. Additionally, the Afreximbank-backed African Quality Assurance Centre in Nigeria has elevated the standardisation and certification of goods, enabling African enterprises to compete more effectively on global markets. Each of these projects has contributed to economic diversification, employment generation, and enhanced business connectivity, reinforcing Afreximbank’s commitment to sustainable African development,” the bank said.
