21.6 C
Harare
Monday, June 14, 2021
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...
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...
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...
On the outlook, the Company said that operating profit margins are expected to remain under pressure because of inflation and exchange rate pressures. Harare – First Mutual Properties Limited says the evil trinity of inflationary pressures, foreign currency volatility and supply chain disruptions...
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...
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)...
Basic earnings per share anticipated to soar by 183%Growth attributed to the impact on the ZMW-equivalent of property values of a depreciation of the ZMW against the USD. Harare - Real Estates Investments Zambia (REIZ), the only listed real estate company on the...
Offers one new ZHL share for every 2.78 shares held by ZPI minority shareholdersZHL has always held a control block in ZPI since ZPI was listed on the ZSE in 2007The acquisition will eliminate duplication costs associated with listing both the Parent and Subsidiary
Occupancies dropped to an average of 38%Posted a net loss of R486,6 million from a profit of R205,5 million in 2019Revenue dropped by 25% to R1,16 billion Harare - South Africa based hotel operator City Lodge Hotels Limited experienced a significant adverse impact...
Revenue increased by 108% to ZWL$666.1mNon-current assets grew to ZWL1.1bnThe Group has a solid order book the execution of which is dependent on the impact of COVID-19 Harare – Zimbabwe Stock Exchange (ZSE)-listed, property and industrial firm, Masimba Holdings reported a modest earnings...