Nictus Holdings proudly announced the start of a significant retail development in Walvis Bay, with construction that commenced on six new stores across two key locations in the city.

Driven by their commitment to excellence and long-term wealth creation, Nictus Holdings is expanding its footprint in the Erongo region with a development that brings together several of its flagship brands. The project includes the establishment of Tiger Wheel & Tyre and Nictus at a prominent site on the corner of Theo Ben Gurirab Avenue and Circumferential Road. At the same time, a second retail centre, on the Corner of Dr Nangolo Mbumba Road and 12th Avenue, will house TrenTyre, Auas Motors, Glasfit, and Build It.

“This project reflects our confidence in the potential of Walvis Bay and the Erongo region at large. We remain committed to continue to meaningfully contribute to Namibia’s economic growth,” said Wilmar Fourie, Managing Director of the Property Segment at Nictus Holdings.

The development is expected to enhance convenience for consumers, support local suppliers, and generate employment opportunities. It is a testament to the growing confidence in Walvis Bay’s role as a strategic port city, furthermore highlighting Nictus Holdings’ continued investment in infrastructure and community development in Namibia.