20 C
Harare
Sunday, January 24, 2021
leading real estate firms express the need to rethink property uses in Harare CBDVoid levels increase as corporates move to Suburban areasFMP calls for the conversion of some CBD buildings into residential facilitiesCity of Harare reviewing policy on propertyy usage in the City
Zimplow will acquire 100% ownership of the Target Companies and the Target PropertyScanlink (Pvt) Limited is the sole distributor of Scania products in ZimbabweShareholders of the Target Companies and EPP will receive a total of 106,199,706 Zimplow ordinary shares Harare – Farming equipment...
Occupancy levels stood at 77%Rental collections closed the period at 90%The Group grew its third-party business portfolio during the period Harare - Mashonaland Holdings’ occupancy levels remained steady in the half year ended 31 March 2020 (HY2020) in spite of the harsh operating...
ZimPlow moving to acquire 100% of Birmingham investments in exchange of15,774,446 newly issued ordinary sharesMoving to acquire 51% in Tredcor for 18,399,564 ordinary shares Harare – Agro-industrial firm, Zimplow Holdings Limited has offered to acquire 100% of Unifreight Africa Limited’s shareholding in Birmingham...
Occupancy rates grew to 85.7%Arundel Office Park extension still at preconstruction stageCompany is focusing on driving rental growth, managing operating and maintenance costs Harare - First Mutual Properties (FMP) registered an improvement in occupancy rates in the year ended 31 December 2019 (FY2019)...
Forex shortages leading to slow discharge of foreign currency denominated liabilitiesZSE trade suspension shook investor confidenceHyperinflation and COVID 19 worsening the situation Harare – Listed diversified insurance holding company, ZimRe Holdings Limited has lamented the shortages of foreign currency experienced in the country...
HY2020 sales down 87%Defers dividend payment due to COVID-19 related uncertaintiesOfficial opening ceremony of Sawanga Shopping Mall in Victoria Falls set for Q4 Harare – Listed property concern, Zimre Property Investments (ZPI) said projects income significantly declined during the half year ended 30...
Revenue from continuing operations grew by 6% from ZWL 8.3 billion in 2019 to ZWL 8.8 billion in 2020Profit after tax from retail operations grew to ZWL 674.8 million from a loss of ZWL 21 million in the previous year“The Group’s profit performance to date for the...
Occupancy levels grew to 79.2%Rental income increased by 44%Property expenses were 17% down Harare - Listed property concern, Mashonaland Holdings posted a growth in occupancy levels in the second quarter ended 31 March 2020 compared to the same period in the prior year.
Occupancy rate was 21% compared to 41% in prior yearGroup revenue was 20% lowerAll hotels and lodges were closed effective 31 March 2020 in response to COVID-19 measures Harare – As a result of the global coronavirus (COVID-19) pandemic, the hotel market has...