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REIT - The way forward?
Cde Monomotapa
#11 Posted : Monday, June 06, 2011 7:08:58 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
slimboss wrote:
Cde Monomotapa wrote:
www.pearlproperties.co.zw www.dawnproperties.co.zw

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@Cde do they have reps in kenyan. what r the requirements and min investment. advice please

1st of all those two are fully fledged property companies listed on the Zimbabwe Stock Exchange. There are two others on the ZSE called Mashonaland Holdings & Zimre Property Investment. These companies make their living by; 1. Deriving rent from their property portfolio which includes Office, Retail (supermarkets/malls), Industrial (warehouses) & Residential. 2ndly, they have land banks (un-developed land) which they use as trading stock (selling plots, building for sale/rent) 3.some of them also invest in the stock exchange. My personal favorites/choices are Pearl & ZPI because their portfolio mix holds more Retail properties and future plans are more inclined toward Retail. ZPI has the least lettable space of the four but has a sizeable land bank of approx 1.07 million Sq.M. As @VVS posted once "..since I have no time for wet dreams" if u r interested on how to get onto the ZSE and own the shares of any of the aforementioned property companies...let me know.
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