Rani Investment, of the UAE, will complete construction project in Maputo, Mozambique

27 October 2015

Rani Investment of the Aujan Group, of the United Arab Emirates (UAE), announced Monday that in November it will complete construction of Torres Rani, one of the largest real estate projects in Maputo, costing US$206 million, according to Mozambican news agency AIM.

The structure of the two towers extends over an area of 71,000 square metres and includes a residential building with 181 fully-furnished and equipped apartments and 22,000 square metres for offices and is located on the waterfront of the capital.

Torres Rani includes two swimming pools, a children’s play area, restaurants and lounges and a gym.

Besides the two towers, the building project by Rani Investment also included construction of the five-star Radisson Blu Hotel, in operation since January 2013.

The Rani Investment Group, which has been in Mozambique for over 15 years, owns four hotels in the country, notably the Avani Pemba Beach Hotel in the province of Cabo Delgado in the north, and the Radisson Blu in the capital. (macauhub/MO)