03 / Property

Building
our future.

K226 million in property assets. 98% occupancy across a portfolio of commercial, residential and industrial properties spanning Port Moresby and Lae.

Ela Beach Tower, Port Moresby, at dusk
K226M+Property Assets
98%Average Portfolio Occupancy
785,270M2Leasable Industrial, Commercial and Residential Property

Quality that earns its occupancy

The numbers are straightforward: K226 million in property assets. 98% occupancy across a portfolio of commercial, residential, and industrial properties spanning Port Moresby and Lae.

In PNG’s property market – where the alternative is often substandard accommodation, unreliable utilities, and security risks that quietly erode staff productivity – quality housing is not a nice-to-have, it is a retention tool, a performance input, and a competitive advantage for every organisation that gets it right. Kenmore’s tenants renew because the value proposition is real. That’s why vacancy is negligible. Not because the market is forgiving – it isn’t – but because the product earns its occupancy.

A portfolio built around PNG’s commercial centres

Ela Beach Tower – one of Port Moresby’s most recognisable commercial buildings – anchors the Port Moresby portfolio. The group’s residential holdings extend from Cormorant in Lae to Tradewinds, Park View, and Matirogo Point in Moresby, along with substantial industrial and special-use holdings including Kenmore City and Dogura Place.

785,270 sqm of leasable property. 771,830 sqm occupied. A 98% occupancy rate, held consistently over decades, in one of the Pacific’s most challenging property markets.

Kenmore property team reviewing plans together Aerial view of Port Moresby waterfront

Commercial, residential & industrial properties.

Aerial view of Kenmore industrial property and surrounding neighbourhood

Talk to us

Connect with Kenmore

Kenmore Limited
Ela Beach Tower, Top Floor
Port Moresby NCD, Papua New Guinea

+675 321 4799
ceo@kenmore.com.pg
Start a conversation