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DFCU House

Commercial in Kampala, Uganda From Wikipedia, the free encyclopedia

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DFCU House[a] is a building in Kampala, the capital and largest city of Uganda.[2]

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Location

The building is located at 26 Kyaddondo Road, at the corner with Kafu Road, on Nakasero Hill, an upscale neighborhood in the central business district of Kampala.[3] The coordinates of DFCU House are 0°19'36.0"N, 32°34'56.0"E (Latitude:0.326668; Longitude:32.582223).[4]

Overview

DFCU House houses the headquarters of DFCU Group and the main branch of DFCU Bank. As of December 2017, DFCU Bank was the second-largest commercial bank in Uganda by assets, with total assets in excess of UGX:3 trillion (US$800 million).[5][6]

The building rises approximately 118.65 feet (36 m) above ground, with ten office floors. Space that is not used by the DFCU Group is available for rent to commercial tenants.[2][7]

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History

DFCU Group, the parent company of DFCU Bank, had its headquarters offices scattered in several buildings in Kampala. In September 2011, construction began on a ten-story office complex on Nakasero Hill, to serve as the group's headquarters and house the main branch of the bank. Roko Construction Limited, a Ugandan construction company, was contracted to construct the building at an estimated cost of US$10 million (UGX:28 billion). Construction began in September 2011, with completion during the second half of 2013.[8] As of June 2014, the construction was complete and occupancy was expected to take place in the second half of 2014.[9] The office tower, valued at UGX:55 billion at that time, was officially dedicated as open in September 2015.[10]

See also

Notes

  1. DFCU House is also referred to as DFCU Tower.

References

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