FORMER first lady Grace Mugabe risks losing all her properties in Mazowe including her famed Gushungo dairy operations and top-notch school there after the government indicated that it could re-alloca...
Former Zipra fighters have accused President Emmerson Mnangagwa of having double standards after government unveiled plans to compensate white commercial farmers, but remained mum on properties seized...
A LOCAL property development firm, Craft Properties has won two international awards in US and France respectively in recognition of its contribution in leadership, quality, innovation and excellence ...
FIRST Mutual Properties (FMP) revenue for the first four months of the year to April increased significantly compared to the same period last year.The company attributed the increase to a growth of oc...
Listed property firm Mashonaland Holdings Limited says it has made progress on the development of two residential projects in Ruwa and Harare during the six months to March 31, 2018, as it taps into t...
First Mutual Properties occupancy levels are seen closing the year at 78% from the current levels buoyed by its office park in Harare's Arundel Park and industrial units as the firm banks on its diver...
THreE former Zimbabwe Broadcasting Corporation (ZBC) top executives are set to lose their upmarket Harare properties which the national broadcaster claims were fraudulently acquired through bank loans...
Commercial properties in Harare's central business district (CBD) have been problematic for property firms with rental income from the segment on a downward trend, latest figures from property compani...
Listed property firm, Dawn Properties, yesterday said its profits went up by 200 percent to $3 million in the full year to December 2017 due to improved rental collections. The group's chairperson, Ph...
First Mutual Properties, a subsidiary of First Mutual Holdings, posted reduced revenues for the year ended December 31, 2017 as the sector suffered from increased voids and downward reviews on rentals...
Former Zimbabwe People's Revolutionary Army (Zipra) liberation struggle fighters are making frantic efforts to recover property worth millions of dollars seized by ex-president Robert Mugabe's regime ...
NATIONAL Foods Limited will within the next six months dispose of properties valued at $3.7 million that are non-core to the business comprising buildings and land.Board chair, Mr Todd Moyo, said this...
Former President Robert Mugabe who allegedly seized 21 farms during his reign risk losing 20 of those farms as the new administration moves to recover property reportedly looted by the leader. The far...
Zapu in conjunction with its former military wing Zipra has petitioned President Emmerson Mnangagwa over the return of properties that were confiscated by the State soon before the onset of Gukurahund...
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 prope...
Dear Editor, I would like to applaud efforts by the National Building Society (NBS) and the People's Own Savings Bank (POSB), on the provision of affordable houses and housing loans respectively. &nbs...
A LOCAL commercial bank, Metbank has acquired investment properties worth $6.8 million through the settlement of various loan exposures.In a financial statement for the half year ended June 30, 2017, ...
Dawn Properties (Dawn) might delist from the Zimbabwe Stock Exchange (ZSE) following an offer to acquire minority shares by major shareholder Brainworks Capital Management Limited (Brainworks).Brainwo...
Two ZB Financial Holdings companies have been let go by the group after low performance with no hope of clear sign of turning profits.Addressing the group's AGM Non-Executive Director Tendai Mafunda s...
ZIMBABWE Stock Exchange-listed concern, Pearl Properties, recorded below-target revenue of $2,9 million for the four months to April 30, due to increasing rent arrears.General manager Francis Nyambiri...
Dawn Properties Limited, which has gradually come under the orbit of new investors under the Brainworks banner, has put some of its prime properties - Great Zimbabwe Hotel, Hwange Safari Lodge and the...
PEARL Properties intends to spend as much as $100 million on the development of land it recently bought in Mt Pleasant in the medium term, a company official said yesterday.The company paid $9,6 milli...
The lack of affordable mortgage finance has made properties in Zimbabwe more expensive than most countries in the region exacerbated by high country risk, the Estate Agents Council of Zimbabwe says.EA...
An increasing number of companies and individuals are losing real estate they pledged to banks and financial institutions as collateral for loans as the liquidity crunch continues as evidenced by auct...
Dawn Properties Limited released an improved set of results recording a 4% growth in revenue to $2.9m (2012: $2.8m). Reported operating profit increased by an impressive 185% mainly because of the rat...