The Ohlthaver & List (O&L) Group is now the sole shareholder of its property management company, Broll Namibia. This is after the successful acquisition, effective 1 July 2024, of the remaining 49.9% shares in Broll Namibia, which were previously held by the Broll Property Group (Pty) Ltd. 

“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,” said Sven Thieme, executive chairman of the O&L Group. 

Broll Namibia remains 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 stated that the Broll Namibia acquisition is more than just a business decision and is “a step towards realising a future where its people and the nation thrive”.