USD exposure to cushion rental yields – Tigere

Tigere added that it retains a pre-emptive right to acquire Greenfields Retail Centre, which is located along Samora Machel and adjacent to the Zimbabwe Agricultural Showgrounds.

TENANTS that have longer lease terms and are more exposed to foreign exchange generation are likely to safeguard “real” rental returns in the real estate market amid tightening of local currency circulation by the authorities, Tigere Property Fund (Tigere) chief executive Brett Abrahamse has said.This comes amid increasing voids in the property sector which have…

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