The Fund’s strategy in Real Estate is to leverage its sound financial position to increase returns to its members. This is done by providing housing, and modern commercial office space to encourage national development, and reduce the housing deficit in the country in line with the Government plans. The Fund holds real estate assets to realise capital gains and earn income. A significant portion of this asset class comprises undeveloped land. The strategy is to continuously work towards unlocking the value of some of the prime land through either housing projects for sale or commercial developments for rent.
The Temangalo Housing Project is a mixed-use affordable
housing project. The total project land measures 463.87 acres. It is situated in Temangalo, Wakiso
district, just 17kms from the Kampala City Centre.
