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
For Zimbabwe, securing a place in the MSCI framework could raise the profile of the ZSE and VFEX, potentially improving foreign investor participation and liquidity after years of subdued offshore participation.