…as FMP bets on retail tenants

FIRST Mutual Properties (FMP)

Almot Maqolo FIRST Mutual Properties (FMP) has prioritised a ‘retail-first rollout’ for its 24-hectare Golden Stairs project in Mount Pleasant, aiming to unlock quick cash flows from key commercial units. This comes as the country’s property sector is experiencing firm demand for retail space amid relative macroeconomic stability, although net in­comes remain under pressure from…

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