KAMPALA. Crane Management Services (CMS) has entered into a joint venture with Kingdom Hotel and Abland Africa, a South African firm to build a modern complex at the former Shimoni Primary School land.
The school was hurriedly demolished by government displacing pupils to build a hotel for the Commonwealth Heads of Government Meeting in 2007. But the plan was never achieved and since then an unfinished storied building has been in place. “We were contacted by management of Kingdom Hotel as people who have experience in real estate management to get on board to develop and manage this asset. Another experienced South African firm, Abland was also brought on board but we are in charge. In the next two-and-half years, we will have finished this structure,” Rajiv Ruparelia, the managing director CMS, said after the deal was sealed.
Showing the artistic impression of the proposed buildings valued at $300m (Shs1 trillion) at his office in Kampala last week, Mr Rajiv told journalists that the shopping mall will accommodate local traders and international firms.
He revealed that the complex will house a 200 bedroom 4 star hotel, 40,000 square metre office space and a 16,000 square metre rentable space.
“As the real estate arm of the Ruparelia Group, CMS recognises the unique needs of all our clients and aim to provide the highest standard of services. Our sole purpose of providing a lasting real estate solution like this new proposed structure aims at making all stakeholders happy through providing quality commercial, official, and residential apartments.
“We appreciate the trust that our clients have bestowed upon us for their housing needs. We stay committed to providing properties for all your needs,” CMS chairman Sudhir Ruparelia said.