Search results for 'commercial property'
Companies
Revitus REIT Sees Recovery in Short Term: Turnaround Story for New Entrants

Revitus Limited is expecting a recovery in occupancy and yield ratios specifically starting FY25 as the REIT’s refurbishment of Chester House (Harare) is at an advanced stage with final technical appr

Sep 09, 2024
Companies
Pomona Commercial Centre Project Reaches Significant Milestone: 65% Complete

Mashonaland Holdings Limited, a leading property development company’s flagship Pomona Commercial Centre project is now 65% complete according to the company’s financial results for the six months to

Sep 12, 2024
Companies
Highland Park Phase 2 Acquisition: Tigere's Blueprint for Q4 Growth

Tigere Property Fund has made a strategic move to bolster its performance in the fourth quarter of the 2024 financial year with the acquisition of Highland Park Phase 2. This addition is expected to

Oct 22, 2024
Companies
Revitus REIT Targets Yield Boom in 2026 Post-Chester House Renovation

Revitus Real Estate Investment Trust (REIT) is anticipating a boom in occupancy and yield ratios in 2026, buoyed by the refurbishment of its flagship asset, Chester House, which is scheduled for compl

Jul 22, 2025
Zimbabwe
ZIMRA Slaps 15% Tax on Commercial Rentals

The Zimbabwe Revenue Authority (ZIMRA) has introduced a 15% presumptive tax on rental income, effective 1 January 2026, under which landlords leasing premises to tenants carrying on trade, business or

Feb 06, 2026
Companies
ZECO’s Occupancy Push Hits Revenue Wall, Q1 Sales Slip

ZECO’s retail property portfolio occupancy rate has rose to 55.88% in the first quarter ended 31 March 2026, up from 46.67% in the corresponding period last year, a 921 basis point improvement. This r

May 19, 2026
Companies
Eagle REIT Profit Jumps 1,100% as Mazowe Walk Opens at 93% Occupancy

Eagle REIT has recorded a profit of USD 213,936 for the first quarter ended 31 March 2026, against USD 17,828 in Q1 2025, a growth rate of approximately 1,100%, a more than tenfold increase in a singl

May 19, 2026
Companies
Mash Holdings Lifts Operating Margin to 47% as Occupancy Holds at 89%

Mashonaland Holdings Limited has reported revenue of USD 3.14 million for the five months ended 31 May 2026, a 7% increase from USD 2.93 million in the comparable period of 2025, while operating profi

Jun 22, 2026
Companies
FMP Terminates ZSE Listing, Extends Corporate Exit Cycle

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

Jul 03, 2026
Companies
Airport Expansion Repriced Arlington Deal, Transvaal Says

Transvaal Africa has attributed the collapse of its proposed acquisition of part of PPC Zimbabwe’s Arlington Estate to a sequence of legal proceedings, government infrastructure decisions and airport

Jul 08, 2026
Companies
Old Mutual Targets US$46 Million Development REIT to Unlock US$150 Million Property Pipeline

Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban

Jul 27, 2026

Top Stories

Implats Profit Recovery Puts Zimplats Back in Focus

Impala Platinum Holdings, one of the world’s largest PGM producers and the parent company of Zimplats has moved from barely profitable to one of the strongest earnings recoveries in the global PGM sec

1 hour ago

Zimplow in Talks Over Potential Acquisition After Return to Profit

Zimplow Holdings is considering an acquisition that could materially affect its share price, potentially opening another stage in the repositioning of a group that has spent the past year restructurin

1 hour ago

Invictus Sets November 2026 for Next Musuma Gas Exploration Well

Invictus Energy has secured Exalo Rig 202 for its Musuma 1 exploration well and set November 2026 for drilling, reducing uncertainty around rig availability as the company prepares to test another par

3 hours ago

Nvidia Takes AI’s US$500 Billion Funding Race to Wall Street

Nvidia is moving to remove financing as a constraint on the next phase of artificial intelligence infrastructure growth, bringing six of the world’s largest financial institutions into platforms targe

5 hours ago

Glencore Joins Fight for Sherritt: Sanctions Crisis Puts Canadian Refinery at Centre of Control Battle

A consortium including Glencore has submitted a rival recapitalisation proposal for Sherritt International, opening a contest for control of a financially distressed Canadian nickel and cobalt company

13 hours ago

Gold Price Rescues Caledonia’s First Half as Blanket Costs Surge

Caledonia Mining Corporation’s first half earnings were carried by stronger gold prices after weaker ore grades reduced output at Blanket Mine and pushed production costs sharply higher. Revenue incre

14 hours ago

Zimbabwe's Bumper Harvest Begins Reshaping the External Sector

Zimbabwe's maize import bill fell by US$90 million, or 32.9%, during the first half of 2026 as the country's largest harvest in years began replacing imported grain with domestic production. Maize imp

Aug 07, 2026

Zimbabwe's Manufacturing Industry Enters New Investment Cycle

Zimbabwe has imported US$69.8 million worth of non-domestic heating and cooling equipment in June 2026, up from US$954,201 a year earlier, making it the country’s second-largest individual import prod

Aug 07, 2026