Tag: Building Approvals
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Windhoek Building Approvals Dip in November, Signals Slower Construction Momentum
November Building Approvals in Windhoek Fall Short of October Windhoek’s construction activity showed signs of cooling in November as the City Council approved 153 building plans valued at N$123.9 million. This marks a decrease of 33 approvals compared with October, underscoring a softer month for development activity in the Namibian capital. The month-on-month drop in…
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Windhoek Building Approvals Dip in November Amid Slower Construction Momentum
Overview: Windhoek’s November Building Approvals The City of Windhoek reported a notable slowdown in building activity for November, with 153 building plans approved valued at N$123.9 million. This mark represents a decrease of 33 approvals compared with October, underscoring a cooler month for new development in Namibia’s capital. Industry analysts, including IJG Securities, noted that…
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Windhoek Building Approvals Fall in November
November brought a cooling in Windhoek’s construction pipeline The City of Windhoek approved 153 building plans in November, valued at N$123.9 million. This marks a drop of 33 approvals compared with October, signaling a softer month for new construction starts in Namibia’s capital. As a barometer for the local property and construction markets, the November…