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.

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…

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