CONSTRUCTION & PROPERTY

FMP rental collection rate declines

First Mutual Properties (FMP) has reported a decline in rental collection rates for the year 2024, with tenant payments slipping by 10 percentage points to 75%, down from 85% in 2023, as economic pres...

By Staff reporter | Published: 09 May 2025
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CONSTRUCTION & PROPERTY

Rental income dominates First Mutual Properties revenue

First Mutual Properties (FMP) says rental income remains its primary source of revenue, with the property investment firm intensifying efforts to diversify both its tenant base and portfolio to streng...

By Staff reporter | Published: 05 May 2025
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LATEST PUBLISHED REPORTS

FMP.zw | Unaudited Financial Results HY17

Financial Highlights:– Revenue $ 3 715 477– Net property income $ 2 773 896– Profit before income tax $ 1 310 868– Profit for the period $ 808 355– Dividend Nil– Total profit for the perio...

By FMP | Published: 14 September 2017
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ANNOUNCEMENTS

FMP.zw | Notice of Change of Name

Shareholders are advised that the name of Pearl Properties (2006) Limited has been changed to First Mutual Properties Limited.The listing on the Zimbabwe Stock Exchange has been amended with effect fr...

By FMP | Published: 14 September 2017
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