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4HOUSEFINDER SPECIAL EDITION - PIPF | JULY 2025MESSAGES FROMPREFERRED INVESTMENT PROPERTY FUNDAll material published may not be reproduced. Variations in actual colours may occur, while due care has been taken to ensure accuracy. HouseFinder Magazine is not liable for any errors in product listings or availability, pricing or any other information that has changed since approval. Views, thoughts & opinions expressed in the articles/advertorials belong solely to the authors thereof and HouseFinder Magazine CC or its editorial staff cannot accept responsibility for plagiarism or views expressed on behalf of said writer/author. Jacob Nafimane Nghifindaka Letter from the ChairmanThe recent years have seen resilience, innovation and strategic growth, as we navigated through a complex global and regional economic environment to deliver strong results for our stakeholders in the property development sector.The PIPF Trust%u2019s performance in 2024 was exemplary. Thanks to astute management of our investments, the Trust has returned 4.3 dollars for every $1 invested. Equity growth has been particularly noteworthy, which reflects our commitment to creating value for our investors and their beneficiaries.Our strategy focuses on investing in projects that make a meaningful difference in the lives of Namibians. Our flagship project, Osona Village, has continued to thrive, providing muchneeded housing and infrastructure development. To date, over 2,500 units of serviced land have been sold and 2,225 residential units are occupied. This project exemplifies our commitment and dedication to addressing the housing backlog in Namibia and supporting economic growth.We look forward with optimism. The Namibian housing sector is poised for growth, and is driven by economic recovery, financial innovations and the potential economic boost from the oil and gas sector. The PIPF Trust is well-positioned to capitalize on these opportunities and will continue its focus on delivering affordable and high-quality housing.I would like to extend my thanks to our Board of Trustees, Management team, and all our stakeholders for their unwavering support and commitment. Together, we have built a strong foundation and the PIPF Trust will continue to thrive in the years to come.Letter from the DirectorFabian TaitThe Preferred Investment Property Fund (PIPF) has positioned Osona Village, and others like Omuthiya and Walvis Bay, as significant property developments aimed at alleviating the ongoing housing crisis in Namibia. Guided by the inspirational leadership of our esteemed patron, DrLibertina Appolus, we have established ourselves as market leaders through innovation, exemplified by Osona Village as a pioneering initiative in affordable%u00a0housing.Set to be the country%u2019s first smart village featuring online and repaid billing and payments for rates & taxes, water and electricity , fibre connectivity and smart wastewater systems, the development is nevertheless within reach of the paycheck of Namibians seeking a home of their own.With more than 18 extensions, with 300 erven each, Osona Village is projected to grow up to 15 000 households. Further investments are expected to cater for recreational, educational and commercial needs. The vision of PIPF has had a significant socio-economic impact. More people are able to own a home, thousands of jobs have been created in the construction sector, the local economy received a major boost as service providers, and local authorities enjoy the benefit of increased rates & taxes. A win-win situation for all that PIPF is proud to have initiated.