City House Jinja

Jinja City House, also Jinja NSSF House, is a building in Jinja, a town in the Eastern Region of Uganda.[1] The building is owned by the Uganda National Social Security Fund, the largest pension fund in the countries of the East African Community, with assets of USh11.3 trillion (approx. US$3.08 billion), as of June 2019.[2]

Jinja City House
Location within Uganda
General information
TypeCommercial
Location2-4 Lubas Road, Jinja, Uganda
Coordinates00°25′21″N 33°12′31″E
Construction startedOctober 2015
CompletedOpened 28 June 2018
Technical details
Floor count4

Location

The building is located at 2-4 Lubas Road, in the central business district of the city of Jinja, in Jinja District, about 81 kilometres (50 mi), by road, east of Kampala, Uganda's capital and largest city.[3] The geographical coordinates of the building are 0°25'21.0"N, 33°12'31.0"E (Latitude:0.422500; Longitude:33.208611).[4]

Overview

Jinja City House is owned by the Uganda National Social Security Fund (NSSF), who developed the building, between 2015 and 2018. The building houses the NSSF offices in Jinja and the remaining space is rented out to qualified businesses and corporations.[1] The mixed use building consists of 1,500 square metres (16,146 sq ft) on four floors, of which 1,200 square metres (12,917 sq ft) are rentable. NSSF will occupy the remaining 300 square metres (3,229 sq ft).[1]

History

Jinja City House, the first real estate investment outside the capital city of Kampala, was developed at a cost of USh3.5 billion (approximately US$1 million). Other recent real estate investments by the fund include two upscale residential neighborhoods with about 50 houses, worth USh14.9 billion (approx. US$4 million) (Mbuya I and Mbuya II), in Mbuya, a Kampala neighborhood. There is also a development in the city of Mbarara, approximately 270 kilometres (168 mi),[5] by road, southwest of Kampala, worth USh3.9 billion (approx. US$1.2 million).[1]

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See also

References

  1. Staff Writer (2 July 2018). "Kadaga Opens NSSF'S Jinja Office Complex". Red Pepper. Mukono. Retrieved 4 July 2018.
  2. The Independent (27 September 2019). "What Interest Rate Will NSSF Declare To Savers Today?". The Independent (Uganda). Kampala. Retrieved 11 October 2019.
  3. Globefeed.com (4 July 2018). "Distance between Uganda Post Office, Kampala Road, Kampala, Uganda and Lubas Road, Jinja, Uganda". Globefeed.com. Retrieved 4 July 2018.
  4. Google (4 July 2018). "Location of Jinja City House, Lubas Road, Jinja, Uganda" (Map). Google Maps. Google. Retrieved 4 July 2018.
  5. Globefeed.com (4 July 2018). "Distance between Post Office Building, Kampala Road, Kampala, Uganda and Main Post Office, Mbarara, Uganda". Globefeed.com. Retrieved 4 July 2018.
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