SPF forges ahead with real estate plans |17 June 2025
SPF forges ahead with real estate plans
The Seychelles Pension Fund (SPF) is forging ahead with efforts to shrink its real estate portfolio, which currently accounts for 39 percent of its investments.
During a press conference held at Liberty House on Friday, chief executive Nisreen Abdul Majid explained that the institution recently presented to the Cabinet plans to dispose of SPF-owned properties.
“We sought the Cabinet’s approval to dispose of some of our properties a few months ago. This is still in progress,” she noted.
With the completion of the Pirates Arms project and the restoration of Le Chantier Mall, real estate will account for a larger chunk of SPF’s investment portfolio. The projects are both in progress.
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