PROPERTY REPORT
Retail · Commercial · Mixed-use
Terrace Africa
Sub-Saharan property developer focused on convenience retail centres, based in Harare and Johannesburg.
Founded 2011 · Based in Harare · 6 projects listed
Overview
Terrace Africa says it was founded in 2011 and develops, manages and holds convenience retail property in sub-Saharan Africa. Its portfolio spans Zimbabwe, Zambia, Mozambique and South Africa.
Six Zimbabwe projects are listed: three retail centres in Harare, the two-phase Highland Park, and Marondera Main. Anchor tenants across its portfolio include Pick n Pay, Shoprite, Cashbuild and PEP. Leasing rather than sale is the model, and no prices are published.
Projects on offer
Borrowdale Village Walk
Belgravia/Borrowdale, Harare
Neighbourhood retail centre of 8,645 sqm GLA, anchored by Pick n Pay, completed 2017.
Highland Park Phase 2
Harare
3,050 sqm GLA retail phase anchored by Booties Pharmacy, completed December 2023.
Chinamano Corner
Harare
Retail centre in Harare listed in the Terrace Africa portfolio.
Greenfields Retail Centre
Harare
Retail centre in Harare listed in the Terrace Africa portfolio.
Highland Park Phase 1
Harare
First phase of the Highland Park mixed-use development in Harare.
Marondera Main
Marondera
Retail centre in Marondera listed in the Terrace Africa portfolio.