Hotel expedites US$3m renovation
One of Zimbabwe’s top hotels, Rainbow Tourism Group (RTG), expects to complete the US$3 million refurbishment of its flagship hotel, the Rainbow Towers Hotel and Conference by January next year…. Read more »
Category: Property
NMB head office nears completion
Construction of NMBZ Holdings Limited’s new head office in Harare nears completion with the group expected to move in during the first half of financial year 2020. The new head… Read more »
Festive season pushes Dawn properties profits
Properties says it expects an increase in rentals from its properties during the festive season to drive its profitability for the remainder of the financial year. In a latest trading… Read more »
ED puts land barons on notice
Government will stand with people who were duped by land barons in urban areas and punish the culprits, President Mnangagwa has said. He said the report of the Commission of… Read more »
$3bn lost to land barons
Land barons, housing cooperative leaders, property developers and politically-connected people illegally sold $3 billion worth of urban State land since 2005 and pocketed most of the cash, a commission of… Read more »
Store of value keeps real estate afloat
The real estate industry will continue to hold forte in the short to medium term despite challenges bedevilling the economy as more people turn to the sector for store of… Read more »
‘Zimbabwe poised for real estate boom’
HARARE – Zimbabwe is primed for a real estate and construction boom according to pan-African housing financier — Shelter Afrique — a development expected to drive rapid economic growth in… Read more »
Court orders cancellation of stands substitute title deed
A HIGH Court judge has ordered the cancellation of the replacement copy of title deed of an upmarket suburb and suspended all activities done in pursuant of such replacement copy,… Read more »
Meikles transaction: FDIs in motion
The ongoing transaction to dispose of Meikles Hotel for US$20 million to ASB Hospitality — a Zimbabwean investment vehicle owned by a Dubai-based company Albwardy — is testimony that Zimbabwe… Read more »
Liquidity challenges forces Masimba to suspend projects
Harare – Masimba said projects scheduled to commence in the period under review have been delayed or wholly suspended. “Projects scheduled to commence in the period under review have either… Read more »