BUSINESS DIVISION
Real Estate
Strategic property development and investment management across East Africa, with a focused portfolio approach that emphasizes strategic exits and value optimization in Tanzania's growing real estate market.
We are successful because we believe that disciplined real estate investment and timely portfolio optimization creates sustainable value while supporting Tanzania's urban development and economic growth.
Strategic Portfolio Management
Sumaria's real estate operations reflect a strategic approach to property development and investment management in Tanzania's dynamic market. Having successfully exited warehousing operations in Uganda, the division now focuses on optimizing its Tanzanian property portfolio through strategic management and planned exits.
Current Holdings & Strategy
The division currently manages three key properties: Mwenprop (Mwenge Property), which represents a strategic investment in Tanzania's growing real estate sector with an anticipated exit by end of 2025, and Puna Beach & Osian Tanzania having industrial property to developed, both these remains an active part of the portfolio. This focused approach demonstrates Sumaria's commitment to disciplined capital allocation and value optimization in the real estate sector.
Market-Driven Development
The real estate division's strategy reflects deep understanding of Tanzania's urbanization trends and infrastructure development patterns. With Dar es Salaam continuing to experience rapid growth and urban expansion, Sumaria's real estate investments are positioned to capitalize on the city's ongoing development while maintaining flexibility for strategic exits when optimal value has been achieved.
Value Creation Through Strategic Exits
The division's approach emphasizes creating value through strategic property development, professional management, and well-timed exits. The successful completion of the Uganda warehousing exit demonstrates the division's capability to execute complex real estate transactions while the planned Mwenprop exit by end of 2025 reflects ongoing portfolio optimization efforts that align with Sumaria's broader strategic objectives.
Regional borders accessible
Transforming East Africa's Infrastructure
With strategic locations and world-class facilities, Baobab Warehousing addresses the critical infrastructure needs across East Africa. Our commitment to quality development and regional connectivity has made us the preferred warehousing partner.
Development phases planned
Square meters total facility size
Phase 1 occupancy rate
Strategic Locations & Connectivity
Our operations serve as catalysts for community development, providing essential services, infrastructure, and opportunities that contribute to the prosperity of East African communities.
Multi-country accessibility
Our real estate assets are strategically positioned to serve as gateways across multiple countries, enabling seamless cross-border operations and logistics.
Infrastructure development impact
By aligning our real estate developments with current and future infrastructure projects—such as highways, mass transit systems, and smart city initiatives—we ensure long-term value creation.
Regional economic growth facilitation
Our presence in high-potential growth corridors helps stimulate local economies through job creation, SME support, and improved urban services.
