FMP bets on retail property returns

FMP invested US$857,971 in infrastructure maintenance during the period, aimed at enhancing asset quality and maintaining competitiveness across its property portfolio.

FIRST Mutual Properties (FMP) plans to scale up investment in the retail property segment, citing strong returns and growing demand for modern commercial spaces. The move comes as Zimbabwe’s retail property sector gains momentum, driven by the expansion of suburban shopping centres, formalisation of small-to-medium enterprise retail spaces and increasing interest in income-generating real estate…

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