About Terrace Africa

Terrace Africa is a property development and management company operating within the African real estate industry since 2011. Our company has delivered over USD 150 million worth of projects focusing on convenience retail.

Our expertise and cross-border capabilities ensure we deliver successful outcomes for tenants and our investment partners.

We focus on bespoke, yield-driven real estate and have successfully raised capital to build our portfolio, aligning ourselves with Africa’s best brands and companies.

Terrace Africa is a vertically integrated real estate business with three core capabilities:

• Property Development
• Property Management
• Asset Management

$ Mn
Assets Under Management
Over m2
Across 4 Countries
Retail Projects Developed

Our Advantage

  • High target yields and continuously searching for methods to improve the investor proposition 
  • Strong relationships with tenants and local property players 
  • A successful track record of raising capital to develop real estate projects in Africa
  • An experienced management team who are passionate about Africa and love being on the ground! 
  • A proven model with the ability to reduce costs through direct procurement 

Why Choose Us?


  • Strong relationships with leading regional supermarket chains, multinational tenants and fuel companies
  • Existing and trusted network of investors and financial institutions
  • Strong rapport with various local town planning and council offices
  • Offices and personnel in Zimbabwe, Zambia, Mozambique and RSA


  • Proven low-cost development and property management model
  • Robust procurement strategies allowing for project cost optimization
  • Africa tested and cost-effective designs ensuring best use of space
  • Experienced local and regional professional teams ensuring reputable
  • Testing, engineering, quality control and global best practice


  • Turnkey offering with development, property and asset management expertise
  • Track record of developing and managing over USD120mn of property assets across the SADC region
  • Experienced and quality management team ensuring well-managed assets and security of income
  • Robust ESG credentials with a focus on community building and sustainable development principles

Get In Touch


3 Natal Rd, Belgravia, Harare, Zimbabwe
231 Oxford Road, Illovo, South Africa


+263 77 445 2545 (Zimbabwe)
+27 (11) 250 2260 (South Africa)
+263 778 505149 (Whatsapp)


Paula Chideme – Marketing and Social Media

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