REAL ESTATE

PSSSF Twin Towers is a modern mixed-use high-rise development located along Mission Street in Dar es Salaam, facing the Indian Ocean. It was developed by the Public Service Social Security Fund (PSSSF) as part of its real estate investment portfolio. The project was completed and opened in the mid-2010s (around 2014–2016). (estimconstruction.co.tz)

🏢 Structure & Usage

• The complex consists of two towers combining commercial, residential, and office spaces. (psssf.go.tz)
• One tower focuses more on residential apartments while the other includes commercial offices, retail, and corporate space. (psssf.go.tz)
• It includes amenities such as office suites, conference facilities, restaurants, leisure and gym facilities, a business centre, banking services, supermarkets, and more. (psssf.go.tz)
• Facilities also include high-speed lifts, escalators, HVAC systems, fire protection, CCTV, backup power and large parking space for tenants and visitors. (psssf.go.tz)

📐 Specifications

• The towers rise to about 35 floors, making them among the tallest buildings in Dar es Salaam. (estimconstruction.co.tz)
• It features basement and multi-level parking, with retail and commercial space on the lower floors, residential units above, and premium office and commercial floors toward the top. (estimconstruction.co.tz)

💼 Tenants & Rentals

• The space is designed for a mix of tenants, including corporate offices, retailers, service providers, and residents. (psssf.go.tz)
• Rental rates vary by space type (e.g., office space, standard apartments, duplexes, penthouses), typically priced in USD per square meter or per month. (psssf.go.tz)

🧱 Economic Context

The towers represent a strategic real estate investment by PSSSF intended to generate returns for pensioners, although past audits have highlighted challenges with occupancy rates and operational costs in some PSSSF-owned properties. (The Citizen)