The Stratos Group is a homegrown Papua New Guinean family of companies in residential and commercial property development and management. With a proven history of delivering environments that offer some of the highest standards for living and working in Port Moresby, our dedicated teams are committed to constant improvement and innovation for an ever brighter future.
HISTORY & BACKGROUND Stratosphere Limited is part of The Stratos Group, a homegrown Papua New Guinean family of companies based in Port Moresby which started operations in 1989. The group was known as HG Group of Companies then and owned a diversified business portfolio which included property development, construction, quarry operations, joinery and glass/aluminium workshops. In January 2012, the group restructured as The Stratos Group and focused on the development and management of its own properties in Savannah Heights. Stratosphere has developed part of the Savannah Heights Estate with the construction of mixed parcels as listed in the portfolio below. COMPANY INFORMATION IPA / Foreign Enterprise Number: 1-81676 / 10073 Date of incorporation: 23 January 2012 Business address: Ground Floor, Wokples @ Savannah Heights, Stratos Avenue, Savannah Heights, Waigani, NCD Telephone: +675 325 2822 Principal activities: Construction and real estate management OUR MISSION To be a respectable real estate developer delivering properties and management services beyond expectations. OUR VISION We aim to provide an exceptional habitat for people to live and work in Port Moresby. OUR STRENGTHS • Committed to the long-term development of Papua New Guinea • Constant innovation in our service offerings • Dedicated team OUR CORE VALUES • Developing people • Meeting our commitments • Valuing diversity and ensuring an inclusive environment • Treating people as we would like to be treated • Inspiring trust by taking responsibility
PORTFOLIO
Mixed development of studio units, terrace houses, townhouses and apartments in Savannah Heights estate. Parcels which are leased and managed jointly with Savannah Heights Limited: 1. Rosewood Residences: 4- to 8-bedroom terrace houses 2. Lemongrass Villas: 3- to 5-bedroom townhouses 3. Bucida Lofts: Loft-style studio units 4. Bucida Villas: 2-bedroom units 5. Ti Lofts: Studio units 6. Allamanda Lodge: Studio units 7. Allamanda Loft: Loft-style studio units 8. Ivy Lodge: Studio units 9. Orchid Lodge: Studio units 10. Jasmine Lodge: Under renovation
Staff accommodation: 1. Mimosa Lodge 2. Acacia Lodge 3. Neem House
HISTORY & BACKGROUND Savannah Heights Limited is part of The Stratos Group, a homegrown Papua New Guinean family of companies based in Port Moresby which started operations in 1989. The group was known as HG Group of Companies then and owned a diversified business portfolio which included property development, construction, quarry operations, joinery and glass/aluminium workshops. In January 2012, the group restructured as The Stratos Group and focused on the development and management of its own properties in Savannah Heights. The company began to develop Savannah Heights Estate in 2008 with mixed residential parcels and is now providing real estate management services for our subsidiaries and some owners. COMPANY INFORMATION IPA / Foreign Enterprise Number: 1-56606 / 91835 Date of incorporation: 20 May 2006 Business address: Ground Floor, Wokples @ Savannah Heights, Stratos Avenue, Savannah Heights, Waigani, NCD Telephone: +675 325 2822 Principal activities: Real estate management OUR MISSION To be a respectable real estate manager delivering services beyond expectations. OUR VISION We aim to provide exceptional habitat for people to live and work in Port Moresby. OUR STRENGTHS • Committed to the long-term development of Papua New Guinea • Constant innovation in our service offerings • Dedicated team OUR CORE VALUES • Developing people • Meeting our commitments • Valuing diversity and ensuring an inclusive environment • Treating people as we would like to be treated • Inspiring trust by taking responsibility
PORTFOLIO
Scope of services: • Caretaking for the whole of Savannah Heights estate • Letting • Leases management • Maintenance • Landscaping Commercial properties – two office blocks: 1. The Stratos 2. Wokples Residential properties – about 155 units: 1. Lemongrass Villas 2. Bucida Lofts 3. Bucida Villas 4. Ti Lofts 5. Ivy Lodge 6. Orchid Lodge 7. Allamanda Loft 8. Allamanda Lodge 9. Jasmine Lodge 10. Rosewood Residences 11. Rosewood Apartments 1 12. Rosewood Apartments 2 13. The Laurel 14. D’Terrace 15. Ixora Residency 16. Ixia Apartments
HISTORY & BACKGROUND Savannah Rumana Limited is part of The Stratos Group, a homegrown Papua New Guinean family of companies based in Port Moresby which started operations in 1989. The group was known as HG Group of Companies then and owned a diversified business portfolio which included property development, construction, quarry operations, joinery and glass/aluminium workshops. In January 2012, the group restructured as The Stratos Group and focused on the development and management of its own properties in Savannah Heights. Savannah Rumana was formed as a property holding entity. COMPANY INFORMATION IPA / Foreign Enterprise Number: 1-107023 / 104111 Date of incorporation: 21 July 2015 Business address: Ground Floor, Wokples @ Savannah Heights, Stratos Avenue, Savannah Heights, Waigani, NCD Telephone: +675 325 2822 Principal activities: Real estate management OUR MISSION To be a respectable real-estate developer delivering properties and management services beyond expectations. OUR VISION We aim to provide exceptional habitat for people to live and work in Port Moresby. OUR STRENGTHS • Committed to the long-term development of Papua New Guinea • Constant innovation in our service offerings • Dedicated team OUR CORE VALUES • Developing people • Meeting our commitments • Valuing diversity and ensuring an inclusive environment • Treating people as we would like to be treated • Inspiring trust by taking responsibility
PORTFOLIO The Stratos @ Savannah Heights - Nine-level office tower:
Current tenants as at October 2023: 1. Australian Broadcasting Corporation 2. CSCEC Steel (PNG) Co Ltd 3. Ekere Project Management Ltd (F45 Gym) 4. GHD Australia Pty Ltd (TSSP) / GHD (PNG) Ltd 5. iPi Catering Ltd 6. Macfarlane Burnet Institute for Medical Research and Public Health Ltd 7. Mel & Hennry Lawyers 8. Nu - Image / Leisure Club 9. Pacific-Asia (PNG) Limited 10. Pape Accountants & Business Advisors 11. PNG Hydro Development Ltd 12. Seladi 85 Architectural Design Studio 13. Smarthills Corporate Solutions Ltd 14. TCB Travel 15. XT Decor Construction Ltd
Leases and maintenance of The Stratos are managed jointly by Savannah Rumana Limited and Savannah Heights Limited.