WestProp plans balance sheet clean-up as assets hit US$240m
PROPERTY developer WestProp Holdings Limited says it is restructuring its balance sheet to remove non-performing assets, as the group seeks…
Category: Property & Infrastructure
News on real estate, construction, and infrastructure development
Ema halts MPs’ wetland housing project
THE Environmental Management Agency (Ema) has moved in to halt the construction of residential stands for Members of Parliament, following…
‘Resettlement agric land should not be subdivided’
THE Government has warned individuals and companies illegally subdividing agricultural land that they face stern action. This comes against the…
Condev faces storm after listing disputed Kingsmead property for US$1.9m
Property developer Condev Property Developers has sparked fresh controversy after placing a disputed Kingsmead Road, Borrowdale property on the market…
Govt leans on local funds for corridor upgrade
GOVERNMENT is accelerating a major overhaul of the country’s key north-south trade corridor, framing new infrastructure works as a strategic…
Property repurposing now a priority for real estate firms
ZIMBABWE’S property sector is transforming, with firms prioritising repurposing in response to shifting demand, high vacancy rates in central business…
Pfuma REIT signals strong start with dividend
The REIT’s property portfolio includes Hogerty Hill Centre and Chegutu Retail Centre, with Cork Corner added upon listing. File PicLESS…
Langford Estate land dispute stalls Fidelity housing project
A PROTRACTED ownership dispute between CFI Holdings Limited and Fidelity Life Assurance of Zimbabwe (FLAZ) over Langford Estate has become…
The National Building Society (NBS) has celebrated a decade of advancing affordable housing
The National Building Society (NBS) has celebrated a decade of advancing affordable housing, reaffirming its commitment to financial inclusion and…
WestProp projects surge ahead, investors remain confident
WestProp chairperson Michael Louis said the group maintained its commitment to premium residential estates, stakeholder value, and disciplined capital management.PROPERTY…