Search results for 'property portfolio'
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss

First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a

Sep 25, 2024
Zimbabwe
Public Service Pension Fund Bets on Real Estate to Shield Members from Market Volatility

The Public Service Pension Fund (PSPF), an arm of the Zimbabwean government that manages retirement savings and pension benefits for public sector employees, is significantly expanding its property po

Sep 25, 2025
Companies
First Mutual Properties Holds $136m in Assets: ZSE Values it at $46m

Zimbabwe's largest listed property company is considering walking away from its own stock exchange, largely due to undervaluation by the Zimbabwe Stock Exchange, and the 2025 financials explain precis

Apr 13, 2026
Zimbabwe
First Mutual Puts US$31.5m Land Bank at Centre of Capital Recycling Plan

The property portfolio reached US$150.0 million at June 2026, equivalent to about 49% of the group’s US$306.0 million asset base. Property values increased from US$139.7 million at December, supported

Sep 22, 2026

Top Stories

Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions

Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is

49 minutes ago

Zimbabwe’s Reserves Reach US$2bn, What It Means for ZiG Sustainability

Zimbabwe's foreign currency reserves reached US$2 billion in September 2026, equivalent to roughly two months of import cover and up from US$1.4 billion in June. The stock gives the Reserve Bank of Zi

2 hours ago

Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage

SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three

11 hours ago

WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

11 hours ago

Hippo Sees FY27 Profit 5% to 10% Lower, Revenue Growth to Continue

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

12 hours ago

WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%

WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th

1 day ago

Econet InfraCo Makes US$13.7m Profit in First HY Results Since VFEX Listing

Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (

1 day ago

General Beltings Profit Falls 63% in HY26, Credit Constraints Limit Production

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8

1 day ago