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Museveni commissions NSSF’s Lubowa Housing Project, applauds the Fund on real estate investment  

Nelson NambooleSeptember 9, 2022September 9, 2022
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NSSF's Solana Lifestyle and Residences that is on sale. The Fund has defended its real estate investment strategy saying value from real estate is two-pronged i.e rental income and capital gains.

President Yoweri Museveni on Thursday commissioned the Solana Lifestyle and Residences, National Social Security Fund – NSSF’s Lubowa Housing Project. The President applauded the National Social Security Fund (NSSF) for its contribution to the socio-economic development of the country through their investments in real estate and other productive sectors of the economy. Seated on 60 hectares, the project consisting of 306 houses is just 10% of the total land (600 hectares) that the Fund intends to develop at a cost of about half a billion dollars. Richard Byarugaba, the chief executive officer of the Fund told the guests that launched…

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Tagged: National Social Security Fund of Uganda Peter Kimbowa President Yoweri Museveni Real estate development in Uganda Richard Byarugaba Solana Lifestyle & Residences

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