A Leading Diversified Property Portfolio Across Southern Africa

diversified property platform, built over five decades.

Allied Investments owns and manages a substantial portfolio of retail, hospitality, commercial and residential real estate across Botswana and South Africa, delivering stable income and long-term growth opportunities.

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Who we are

Allied Investments Limited is a fully integrated property investment and asset management company focused on the ownership, management and development of income-generating real estate. Established in 1972, the Company has evolved into one of Botswana’s leading diversified property platforms, with investments spanning retail, commercial, hospitality and residential assets.

Supported by the strength and heritage of the ODE Group, Allied Investments has built a portfolio designed to deliver sustainable income, long-term value creation and resilient growth across economic cycles.

Our approach is guided by the principle of “Pinagare” — the belief that many strands, when woven together, create a stronger whole. This philosophy underpins our commitment to diversification, responsible stewardship and enduring partnerships with our tenants, stakeholders and communities.

For more than four decades, Allied Investments has contributed to Botswana’s economic development through the creation of employment opportunities, the provision of quality real estate and the delivery of long-term value for investors, supporting over 2,000 direct jobs and 1,500 indirect jobs across its portfolio.

At a glance

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The integrated model

The strength of the ODE model lies in its strategic integration. As Botswana’s leading wholesale and retail trading business, Trans requires well-located, purpose-built facilities across the country. Allied Investments develops, owns and manages these assets, securing long-term lease agreements that provide stable, predictable and inflation-linked rental income.

Similarly, Allied’s hospitality assets are leased to ODE Hospitality on commercial, arm’s-length terms, creating additional recurring income streams supported by established operating businesses.

The result is a uniquely balanced portfolio. A substantial portion of rental income is derived from long-term leases with ODE Group operating companies, providing a resilient and dependable income foundation. This is complemented by a diversified base of third-party tenants occupying Allied’s retail centres, commercial properties and residential developments.

Today, approximately 52.6% of rental income is generated from ODE Group tenants and 47.4% from external tenants, creating a blend of income certainty, diversification and growth potential that underpins Allied Investments’ long-term value proposition.

Retail Trading (30.4% by rental income)

The Trans Africa cash-and-carry network, Botswana’s most extensive FMCG wholesale footprint across 25+ towns.

Hospitality (20.2%)

Six hotel and restaurant assets: Travelodge, Room50Two, Kalahari Arms, Oasis and Table50Two.

Retail Shopping Centres - Botswana (26.5%)

Nine centres anchored by leading national retailers, 89% externally tenanted.

Residential (5.7%)

Apartments and townhouse developments across Gaborone, Maun, Ghanzi and Mahalapye.

Commercial (5.0%)

Grade A & B offices including the landmark iTowers precinct in Gaborone’s CBD.

core values

Rigorous Analysis

Data-driven capital allocation grounded in market fundamentals and risk limits.

Innovation

Designs and solutions that improve returns and long-term asset quality.

Integrity

Transparent processes and ethical stakeholder engagement.

Sustainability

Environmental stewardship and community-centric development.

Stakeholder Focus

Enduring value for investors, tenants, communities and partners.

Our Vision

To be Botswana’s leading diversified property investment and development company, delivering sustainable growth and enduring value for generations.

Our Mission

To acquire, develop and manage high-quality real estate that generates stable income, supports economic development and creates long-term value for our shareholders, tenants, employees and communities.