Metje Behnsen building changes hands

THE Metje Behnsen high-rise building along Independence Avenue in Windhoek has been sold, Axel Behnsen of Metje & Ziegler confirmed yesterday.

The building is situated in the heart of Windhoek’s central business district (CBD), facing the Ministry of Home Affairs building. Behnsen said said a price-tag of N$80 million quoted in the media earlier this week was incorrect, but he declined to divulge the correct price.The building is eight floors high and has been in use since 1966.The new owner, Swen Bachran (33), is said to be a successful Namibian-born entrepreneur based in Cape Town.The current leases of the building were included in the deal and will be honoured until their expiry dates.Tenants of the building include Furn City, MTC, Engen Namibia, colleges and a number of smaller businesses.Behnsen said said a price-tag of N$80 million quoted in the media earlier this week was incorrect, but he declined to divulge the correct price.The building is eight floors high and has been in use since 1966.The new owner, Swen Bachran (33), is said to be a successful Namibian-born entrepreneur based in Cape Town.The current leases of the building were included in the deal and will be honoured until their expiry dates.Tenants of the building include Furn City, MTC, Engen Namibia, colleges and a number of smaller businesses.