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Home Companies & Markets Property (Page 45)

Property

Property

Pearl still pursuing Borrowdale Road project

AFRICA First Renaissance Corpo-ration’s listed property arm, Pearl Properties, is yet to start work on its US$5 million Borrowdale Road Greenfield project due to delays in regulatory clearance, a company official has said.Farayi Mangwende, the group’s corporate affairs executive, said the company was awaiting the nod from the…

  • June 6, 2013
Property

Margolis rolls out tourism facility

Property Reporter A LOCAL leisure firm has completed the construction of a new tourism resort in Harare.The Stephen Margolis Resort, which is located just outside Harare’s city centre near the Boka Tobacco Auction Floors, will offer accommodation and conference facilities. The property is owned by businessman, Stephen Margolis,…

  • May 23, 2013
Property

Housing demand remains high in Byo

BULAWAYO — Demand for housing has remained high in Bulawayo, but thousands of the city’s residents have been failing to acquire residential stands because of high unemployment triggered by the closure of companies. On average, residential stands in the high density suburbs of the city cost between US$3 000…

  • May 16, 2013
Property

Companies lose land to banks

The public auction was conducted by Homeland Real Estate under the instructions of the Sheriff of the High Court of Zimbabwe at Raylton Sports Club on Friday.There has been increased demand for working capital in Zimbabwe in the past four years but those that have accessed funding from…

  • May 9, 2013
Property

Valuations critical before selling property

These include making sure their properties were refurbished before putting them on the market and obtaining the right valuations from professionals.In an interview with Property Gazette, Ailse Properties principal estate agent, Andrew Chifamba, said sellers should aim to get buyers attention for their properties.This would in turn lead…

  • May 3, 2013
Property

Cresta to complete facelift by August

Cresta Lodge and Sprayview hotels are undergoing extensive refurbishment as the group gears for the United Nations World Tourism Organisation (UNWTO) General Assembly to be jointly hosted by Zimbabwe and Zambia in August this year.The group last November acquired a contract to lease and manage the Sprayview Hotel…

  • April 25, 2013
Property

Nkomo airport facelift complete

CAAZ had battled to complete the project for 10 years due to underfunding.Addressing a recent tourism stakeholders meeting in Bulawayo organised by the Zimbabwe Tourism Authority, the airport’s general manager, Passmore Dewa, said the airport was 99 percent complete and ready to handle traffic.“I can assure you now,…

  • April 25, 2013
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