About Us
Omajowa has been formed to invest in income-generating assets in the Real Estate Sector. To achieve this goal, Omajowa is focused on utilising equity, but may also utilise debt finance; or a combination of both, including quasi-equity. The primary focus will be on Namibia with a secondary focus on the SADC region in general.
Omajowa Properties Ltd is listed as a CPC, a Capital Pool Company, on the DevX board of the NSX following approval by the NSX recently. The company is structured as a Property Loan Stock (PLS) investment vehicle, with share linked debentures to be offered to investors as security and a basis of projected returns.
The Company is supported by a new Asset Management company, Oshivanda Asset Management Pty Ltd, with exclusive responsibility towards the Company only. The agreed-on principle of remuneration to the Asset Manager is by way of an approved cost-plus budget linked with incentives for portfolio performance in excess of benchmarked investor returns. This follows the recent trend to effectively manage the asset management “inhouse” while keeping an arms-length relationship.