Dawn Properties revenue up 23%

Dawn Properties revenue up 23%
Published: 03 October 2017
Dawn Properties' revenue for the six months to June 2017 jumped 23 percent to $2,278 million compared to $1,854 million on the back of improved performance from the group's hotel properties.

The property investments and property consultancy segments' contribution to total revenue during the period was 58 percent and 42 percent respectively.

It's property investment portfolio closed the period with a total revenue of $1,3 million on the back of improved rental yields, mainly from the group's anchor tenant - African Sun Limited.

Dawn chairman Phibion Gwatidzo said prospects were brighter for the remainder of the year as the market gets into the peak season for holiday and leisure.
- the herald
Tags: Dawn,


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