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CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 313 | by Staff reporter
Rental income dominates First Mutual Properties revenue
First Mutual Properties (FMP) says rental income remains its primary source of revenue, with the property investment firm intensifying efforts to diversify both its tenant base and portfolio to streng...Published: 05 May 2025 at 15:56hrs | 88 | by Staff reporter
Bulawayo businesses flee CBD to suburbs
Real estate consultancy firm Knight Frank Zimbabwe has revealed that aging and poorly maintained infrastructure is a key factor behind the soaring vacancy rates in Bulawayo, which have reached a stagg...Published: 27 Mar 2025 at 06:16hrs | 3884 | by Staff reporter
Knight Frank creates cholera super spreader time bomb in Bulawayo's Pioneer House
A building in Bulawayo has become a potential cholera super spreader after going for more than 10 days without water.Managed by renowned property manager, Knight Frank, Pioneer House which belongs to ...Published: 13 Feb 2024 at 12:07hrs | 23 | by Simba Jemwa
Harare to name, shame defaulting churches
HARARE City Council is threatening to name and shame churches that owe council millions in unpaid rates and lease fees amounting to more than $10 million.Council corporate communications manag...Published: 11 Mar 2019 at 14:56hrs | | by Staff reporter
Woman flees from court
A Harare medical doctor's wife, who was dragged to court by her husband of two months, was convicted yesterday but fled from court before sentence.Christina Hamilton was convicted by Harare re...Published: 13 Feb 2019 at 15:38hrs | 29 | by Staff reporter
300% rental hike for commercial tenants
PROPERTY agents in Bulawayo have increased rentals for commercial premises with tenants operating at the Bulawayo Centre Mall having to pay three times more at the end of this month. Bulawayo ...Published: 12 Jan 2019 at 17:21hrs | | by Staff reporter
NRZ Pension Fund sues Telecel over $10 000 rental arrears
Telecel Zimbabwe (PVT) Limited has been taken to court by the national Railways of Zimbabwe Contributory Pension Fund over $10 000 debt owed in unpaid rentals for the property the company is renting i...Published: 23 Dec 2018 at 08:31hrs | 1 | by Staff Reporter
Doctor loses $400 000 to wife of 2 months
A HARARE medical doctor, Alexander Tarasana Guni lost more than $400 000 cash and goods to a woman whom he purportedly married for only two months.Christina Hamiton (26) is expected to appear ...Published: 05 Jul 2018 at 07:21hrs | 1 | by Staff reporter
July 30 election results key to Zimbabwe economic recovery
"THE economy, stupid" is a popular phrase in American politics that came about in 1992 as the then United States presidential candidate Bill Clinton used this against sitting President George Herbert ...Published: 27 Jun 2018 at 06:59hrs | | by Tatira Zwinoira
Vendors, high rentals drive companies out of CBD
THERE is a growing trend in Harare where an increasing number of companies is seeking to buy or rent property in residential areas on the periphery of the central business district (CBD), a property e...Published: 03 Jun 2018 at 20:01hrs | | by Staff reporter
Ster-Kinekor plans to open studios in Bulawayo
MOVIE lovers have something to smile about as Ster-Kinekor Zimbabwe is planning to open a branch in Bulawayo.If all goes according to plan, Ster-Kinekor will set up shop at the Rainbow Cinemas...Published: 04 May 2017 at 06:45hrs | 1 | by Staff reporter
Landlords in a fix as rentals drop
Landlords in Harare are in a fix as the prevailing cash shortages has triggered a reduction in both residential and commercial property rentals. A survey of estate agents and landlords by...Published: 26 Apr 2017 at 11:47hrs | 15 | by Staff Reporter
Scammed Zimdef resort to selling buildings
The financially broke Zimbabwe Manpower Development Fund (Zimdef) has placed one of its prized Harare building on sale.The six story building Kuwirirana House, located in the heart of the ...Published: 08 Nov 2016 at 06:30hrs | 8 | by Thobekile Zhou
Completion of Bulawayo Centre Shopping Mall in limbo
COMPLETION of Bulawayo's first anticipated internationally acclaimed eye-catching state-of-the-art major infrastructural project in the Central Business District, the Bulawayo Centre Shopping Mall han...Published: 03 Jan 2016 at 10:12hrs | 64 | by Staff reporter
Zimbabwe adds to the ranks of super-rich
FOR a country that has been bludgeoned by economic sanctions from North America and the European bloc for the past 15 years, it seems there is a disproportionate rise in the nouaveau riche (newly rich...Published: 24 May 2015 at 10:39hrs | 3 | by Darlington Musarurwa
Zimbabwe's depressed economy pushes rentals down
Zimbabwe's depressed economy is pushing urban rentals down as most tenants are moving away from office space in the CBD resulting in huge property voids. This comes after a Knight Frank Af...Published: 14 May 2015 at 07:15hrs | | by Staff reporter
Bulawayo Centre gets facelift
BULAWAYO's giant shopping mall, Bulawayo Centre Shopping mall, is undergoing major renovations aimed at sprucing up the centre to meet international standards, an official has said.Knight Fran...Published: 23 Nov 2014 at 08:31hrs | 2 | by Ngonidzashe Chiutsi
Hwange gets a multi-million-dollar centre
A multi-million-dollar Civic Centre is set to be established at the envisaged Hwange Central Business District (HCBD), following an agreement between Hwange Local Board (HLB) and three investors. ...Published: 13 Apr 2014 at 09:50hrs | 2 | by Prince Mushawevato
Demand for mortgage finance increases
ZIMBABWE is expected to register an increase in the number of mortgage lending applications for the year 2013 after the country surpassed the figure that it recorded for the whole year in the first 1...Published: 06 Dec 2013 at 04:14hrs | | by Business Reporter
NRZ relocating
An estate agent has started looking for tenants to occupy Africa House in the city centre with the imminent relocation of the National Railways of Zimbabwe from the premises. For years, the N...Published: 25 Jul 2013 at 10:45hrs | | by Business Reporter
Knight Frank set to refurbish Bulawayo Centre
Knight Frank an international property management firm that oversees Bulawayo Centre shopping mall, plans to embark on the second phase of the mall at an estimated cost of $10 mln. The sec...Published: 25 Feb 2013 at 05:24hrs | | by Staff Reporter
SA property group expands into Zimbabwe, sets up property franchise
The Rawson Property Group's expansion programme has taken a quantum leap forward with the establishment of their first franchise beyond South Africa's borders.Tony Clarke, managing director of...Published: 15 Nov 2011 at 14:06hrs | 3 | by Staff reporter
Bulawayo Agenda crisis, MDC-T officials fingered
A Blogspot penned by a Busani Ncube is alleging that there is a co-operate culture of corruption, intimidation and nepotism at...Published: 27 Jul 2011 at 06:39hrs | | by Ndou paul
Zimbabwe property market poised for growth
Many would argue that with everything going wrong in Zimbabwe, property is the last thing one would think of investing in.But estate agents operating in that country are confident that the pr...Published: 22 Jul 2011 at 13:29hrs | | by Ndou Paul
A lesson for NGOs
RECENT press reports about goings on at the Bulawayo Agenda, a purported non-governmental organization which has been posing as a non partisan civic society group majoring in providing a forum for de...Published: 20 Jul 2011 at 13:24hrs | 1 | by Busani Ncube
Multi-million dollar mall to be built in Vic Falls
A multi-million dollar “one stop” shopping mall is set to be built in Victoria Falls next year.Plans for the construction of the upmarket ...Published: 09 Dec 2010 at 20:24hrs | 2 | by Business Correspondent
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