21.6 C
Harare
Monday, June 14, 2021
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...
COVID-19 brought about the need to re-strategizePandemic outbreak resulted in reduced tenants’ capacityBalance sheet preservation and cost control to be implemented Harare - COVID-19 outbreak has put ZIMRE Holdings’ aim to achieve its 2020 set targets off-course, creating the need for the business...
Revenue for quarter was ZW$66.2 millionOccupancy rose by 2.2%Operating profit by 18.9% Property investment and development company, Mashonaland Holdings Limited has recorded a 47% increase in revenue in the first quarter of its fiscal year ended 31 December 2020 as a result of...
Occupancy levels remained unchanged from the prior quarterQuarterly reviews spurred rental income growthCOVID-19 has affected tenants’ rent paying capacity Harare – Mash Holdings’ occupancy levels for the quarter ended 30 June 2020 (Q32020) increased by 3% on prior comparative period.
Registered a profit after tax of ZMW46.9 million from a loss of ZMW10.8 millionoperating profit before investment property revaluation registered increases of close to 8%The group gained ZMW114.8 million in fair value of investment property portfolio Harare - Real Estates Investments Zambia (REIZ)...
Operating profit improved by 426%Profit before tax increased by 613%US$7.4 million spent on Capex over 3 years Masimba’s revenue grew 34% in the 2019 financial year to  ZWL334 million from  ZWL249 million in 2018 on the back of a solid order book.
Harare- Zimre Property Investments has seen positive uptake of new projects despite harsh economic environment and unstable pricing of goods and services in the third quarter ended 30 September 2019. The Company said its Sawanga Shopping Mall in Victoria Falls has started contributing to the revenue streams,...
The Company implemented quarterly upward rent reviewsOccupancy levels at Sawanga now at 92%Nicoz House secured Zimbabwe Tourism Authority (ZTA) tourist facility status Harare- ZIMRE Property Investments Limited recorded a decline in portfolio void levels in the year ended 31 December 2019 compared to...
Office spaces to be converted into student accommodation and residential flatsRevenue for HY2020 was down 29%Vacancy at 23% Harare - Zimbabwe Stock Exchange (ZSE) listed real estate holding company ZimRe Property Investments has it in the books to convert its Harare CBD properties...
Customer base grew to 80 000 active customersTransaction volumes on all platforms registered growth in volumes and valuesNet operating income increased by 34% Harare - National Building Society (NBS) registered growth in its customer base on improved digital infrastructure in the year ended...