PFUMA Fund Real Estate Investment Trust (Pfuma)’s net asset value (NAV) will rise from approximately US$46,73 million to US$53,93 million this year, driven by pipeline development completions, a new report shows. Pfuma was listed in February this year, becoming the second REIT on the Victoria Falls Stock Exchange (VFEX) after Eagle REIT, which was incorporated…
Pfuma Reit net asset value seen at US$54 million
The VFEX aims to attract foreign investment into Zimbabwe and is part of a broader strategy to establish the country as a regional financial hub.