Let's Go On A Journey And Find Your Dream Home

Watumishi Housing Investments (WHI) is a house developer and a licenced fund manager responsible for establishment and management of collective investment shemes.

WHI was established under the Companies Act (Cap 212) of 2002. The primary objective of WHI is to implement the directive of His Excellency the President of the United Republic of Tanzania to construct affordable houses to be sold to public servants and members of pension funds. The Presidential directive is in line with the objectives of the Housing Policy (2005) contained in the Tanzania Development Vision 2025. WHI also operates as a Fund Manager of public servants housing scheme under Real. Estate Investment Trust (REIT).

PROJECT STATUS

WATUMISHI NJEDENGWA ESTATE 50%
BUNJU B HOUSING ESTATE 95% 95%
GEZAULOLE RESIDENTS 95%
MKUNDI HOUSING PROJECT 95%
GEZAULOLE RESIDENTS 100%
KISESA HOUSING ESTATE 100%

WHI CORE SERVICES

residential and commercial sales and lettings

WHC sells different types of houses that address customers’ needs. Depending on the preference of the customer, housing units sold range from 2 bedrooms to 4 bedrooms, detached to semi-detached houses. WHC houses and homes are meant to suit Tanzanian culture as well as the youth lifestyle. WHC made a prior research on the house design preference and hence existing designs reflect feedbacks received from most prospective customers. Under special cases, the customer may suggest minor modifications to existing designs.

REITs Investment services

WHC is a fund manager which primarily manages the fund for the Public Servant Housing Scheme by way of operating Real Estate Investment Trusts (REITs). REITs operate like investment in shares. Currently, all REITs are owned by shareholders of WHC and hence they are not tradable at the Dar-Es-salaam Stock Exchange. However, at the end of this lock-in period which is expected to take three years, REITs will be traded at DSE where the general public will be able to invest in REITs by buying and selling them in the same manner they can buy and shares.

residential and commercial sales and lettings

WHC sells different types of houses that address customers’ needs. Depending on the preference of the customer, housing units sold range from 2 bedrooms to 4 bedrooms, detached to semi-detached houses. WHC houses and homes are meant to suit Tanzanian culture as well as the youth lifestyle. WHC made a prior research on the house design preference and hence existing designs reflect feedbacks received from most prospective customers. Under special cases, the customer may suggest minor modifications to existing designs.

REITs Investment services

WHC is a fund manager which primarily manages the fund for the Public Servant Housing Scheme by way of operating Real Estate Investment Trusts (REITs). REITs operate like investment in shares. Currently, all REITs are owned by shareholders of WHC and hence they are not tradable at the Dar-Es-salaam Stock Exchange. However, at the end of this lock-in period which is expected to take three years, REITs will be traded at DSE where the general public will be able to invest in REITs by buying and selling them in the same manner they can buy and shares.