NSSF Mbarara Complex

Mbarara City House
NSSF Mbarara Complex is located in Uganda
NSSF Mbarara Complex
Location within Uganda
General information
TypeCommercial
LocationMbarara, Uganda
Coordinates00°36′36″S 30°39′35″E / 0.61000°S 30.65972°E / -0.61000; 30.65972
Construction startedJune 2017
CompletedOpened 28 June 2019
Technical details
Floor count4

NSSF Mbarara Complex, also Mbarara City House, is a building in Mbarara, a city in the Western Region of Uganda.[1]

The building is owned by the Uganda National Social Security Fund, the largest pension fund in the countries of the East African Community, with assets of nearly USh10 trillion (approx. US$2.6 billion), as of June 2018.[2][3]

Location

The building is located in the central business district of the city of Mbarara, in Mbarara District, about 268 kilometres (167 mi), by road, southwest of Kampala, Uganda's capital and largest city.[4] The geographical coordinates of the building are 0°36'36.0"S 30°39'35.0"E (Latitude:-0.610000; Longitude:30.659722).[5]

Overview

Mbarara City House is owned by the Uganda National Social Security Fund (NSSF), who developed the building, between 2017 and 2019. The building houses the NSSF offices in Mbarara and the remaining space is rented out to qualified commercial entities. The mixed use building consists of 1,500 square metres (16,146 sq ft) on four floors. The complex has surface parking for 40 vehicles.[1]

History

Mbarara City House, is the second NSSF real estate investment outside the capital city of Kampala. It was developed at a cost of USh3.9 billion (approximately US$1.2 million). Other recent real estate investments by the fund include two upscale residential neighborhoods with about 50 houses, worth USh14.9 billion (approx. US$4 million) (Mbuya I and Mbuya II), in Mbuya, a Kampala neighborhood. There is also a development in the city of Jinja, (Jinja City House), approximately 81 kilometres (50 mi),[6] by road, east of Kampala, worth USh3.5 billion (approx. US$1 million).[2]

See also

References

  1. ^ a b Christine Kasemiire (28 June 2019). "NSSF Diversifying Into Real Estate, Says Byarugaba". Daily Monitor. Kampala. Retrieved 28 June 2019.
  2. ^ a b Kyatusiimire, Sharon (28 June 2018). "NSSF Launches Shs3.5 Billion Building In Jinja". Kampala: Chimp Reports Uganda. Retrieved 28 June 2019.
  3. ^ NSSF Uganda (16 November 2017). "NSSF Commissions Construction Of USh4 Billion Project In Mbarara". Kampala: Uganda National Social Security Fund. Retrieved 28 June 2019.
  4. ^ Globefeed.com (28 June 2019). "Distance between Kampala, Uganda and NSSF-Mbarara, High Street, Mbarara Central Business District, Mbarara, Uganda". Globefeed.com. Retrieved 28 June 2019.
  5. ^ "Location of NSSF Mbarara Complex, Mbarara, Uganda" (Map). Google Maps. Retrieved 28 June 2019.
  6. ^ Globefeed.com (28 June 2019). "Distance between Kampala, Uganda and Jinja, Uganda". Globefeed.com. Retrieved 28 June 2019.