Zimbabwe Stock Exchange-listed company, ZimRe Holdings Limited total income for the year ended December 2017 increased by 20% from US$30.9 million recorded in 2016 to US$37.2 million in 2017. According to the group chairman, Benjamin Kumalo, the increase in income was due to an improvement in
Despite recording a 7% decline in total revenue for the year ended June 2017, Zimre properties has proceeded to declare a US$206 000 dividend which the company is paying at US$0.012 per share. Group Secretary, Nyasha Zhou noted that the dividend is payable in full to
Zimre property Investment Limited will soon commence the construction and refurbishment of Bulawayo-Nicoz House and Selborne Park into student accommodation blocks offering approximately 190 and 900 beds respectively at an estimated cost of US$9.4 million. According to a statement from the Group Chairperson, Jean Maguranyanga the
Weak demand for office and industrial space, declining revenues and increasing debtor and voids, Zimre Property Investments Limited recorded six percent increase in profit to $0.71 million compared to $0.67 million achieved in the prior year. By Jeoffrey Ncube The company chairperson, Jean Maguranyanga said the constrained
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