WestProp will be a billion dollar company in seven years: Ken Sharpe
HARARE – West Property Holdings plans to be a US$1 billion company by 2030 from the current valuation of US$300 million, with assets expected to be boosted by The Hills … Read More
Category: Property
Tigere REIT rides high on robust property market, announces Q2 dividend
Tigere Real Estate Investment Trust (REIT) has maintained a resilient performance in the first half of 2024, driven by a buoyant property market and strategic management. The REIT’s asset manager, … Read More
ZSE boss reveals pension funds still cautious about REITs
REITs first made a name in the market after the Tigere Property Fund REIT was listed on the ZSE in November 2022.ZIMBABWE Stock Exchange (ZSE) chief executive officer Justin Bgoni … Read More
Property investment fund to list REIT on VFEX
PROPERTY investment fund, Pfuma, is seeking to list its Real Estate Investment Trust (Reit) on the Victoria Falls Stock Exchange (VFex) during this quarter to secure funding for its two … Read More
NRZ denies owning properties abroad
THE National Railways of Zimbabwe (NRZ) has dismissed social media reports that it owns various properties in and outside the country and has lost records of some of them. In … Read More
ED hails WestProp
PRESIDENT Emmerson Mnangagwa has commended WestProp (Private) Limited, one of the country’s leading property investment and development companies, for investing US$280 million in The Hill Luxury Golf Estate project. The … Read More
ZimReal conference to feature REITs benefits
There are two REITs listed on the Zimbabwe Stock Exchange — Revitus Property Opportunities and Tigere Real Estate Investment Trust — with a combined market capitalisation of over ZiG1,23 billion.ZIMREAL … Read More
‘Enact law for title deeds to all citizens’
The call comes at a time when the issue of title deeds is a bone of contention while their unavailability and lack of property rights are eroding investment confidence in … Read More
Tigere to buy 100pc of Highland Park Phase 2
Tigere Property Fund is set to acquire 100 percent stake in Highland Park Phase 2 in Harare, as part of the fund’s strategy to generate income and grow capital through … Read More
Real estate sector shows resilience, poised to grow
Zimbabwe’s property market has demonstrated remarkable resilience, navigating through a period of exchange rate-driven volatility and the impact of certain policy tweaks. The domestic economy has largely stabilised since the … Read More
