ZPI enters Vic Falls property rush
ZPI managing director, Edison Muvingi.ZIMBABWE Stock Exchange-listed property firm, Zimre Property Investments (ZPI), will tomorrow commission a $13 million shopping mall in Victoria Falls, as...
View ArticleHigh Court Absolves Estate Agent
The High Court has absolveda leading real estate firm of negligence.THE High Court has absolved leading real estate firm, Guest & Tanner Real Estate, of negligence in a case in which a Harare...
View ArticleUK Injects £21,5m into Zimbabwe’s Resilience Building Fund
Bishow Parajuli is UN Resident Coordinator and UNDP Resident Representative in ZimbabweTHE UK Department of International Development (DFID) on Friday announced a £21.5 million grant to the Zimbabwe...
View ArticleCourt nullifies property attachment
THE High Court has reversed the attachment of an upmarket Harare property after the wife of the debtor, who is the co-owner of the house, challenged the process on the basis that her own share had been...
View ArticleRBZ warns against offshore property deals
Reserve Bank of Zimbabwe governor, John MangudyaBy Farai MabezaRESERVE Bank of Zimbabwe governor John Mangudya has warned against making offshore payments for immovable properties sold in Zimbabwe....
View ArticleBanks line up $370m for new housing
The demand for housing has of late outstripped supply compounded by city to city migration especially to major cities such as the capital city, as individuals look for employment.ZIMBABWE’S banking...
View ArticleLack of capital bogs down property sector
President Emmerson MnangagwaREAL estate development continues to be hampered by lack of capital, the Real Estate Institute of Zimbabwe (REIZ) has said. REIZ vice president, Alexander Millin, told a...
View ArticleValuation discrepancies worry REIZ
Real Estate Institute of Zimbabwe president, Mike JuruTHE Real Estate Institute of Zimbabwe (REIZ) says it is concerned about the huge variations in valuation by its members on properties, a situation...
View ArticleFirst Mutual Property expects turn in tide
Despite the tough operating environment, FMP recorded a 48,75 percent increase in profit after tax.PROPERTY concern, First Mutual Property (FMP), expects a turn in fortunes under President Emmerson...
View ArticleProperty sector depressed
Tenants continue to shun exorbitant office and residential space, seeking refuge in former light industrial areas.THE property market remained depressed in the first quarter of 2018 due to a subdued...
View Article