CONSTRUCTION & PROPERTY

Reduced stands sales weigh down ZPI

ZIMRE Property Investments (ZPI) says it recorded a loss of $1,42 million during the year ended December 31, 2018, compared to a profit of $2,49 million in 2017 due to portfolio restructuring and redu...

By Staff reporter | Published: 02 May 2019

CONSTRUCTION & PROPERTY

ZPI declares $515 000 dividend

ZIMRE Property Investment Limited (ZPI) has declared a $515 000 dividend for the full year to December 31, 2018 spurred by a commendable performance during the period under review.This was after the p...

By Staff reporter | Published: 07 May 2018

CONSTRUCTION & PROPERTY

ZPI sells Zimre Centre

ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the development of the Victoria Falls and Bulawayo projects.In ...

By Staff reporter | Published: 03 April 2018

ANNOUNCEMENTS

ZPI.zw | Dividend Announcement

Details:– Date Announced : 20 September 2017– Dividend declared for the period :30 June 2017– Dividend Amount per share :0.012 US cents– Dividend Record Date :6 October 2017– Last day to tra...

By ZPI | Published: 20 September 2017

CONSTRUCTION & PROPERTY

ZPI in $20m property investments

Zimre Property Investment (ZPI) is planning to invest over $20 million in construction projects across the country, the company has announced.Company chairperson Jean Maguranyanga yesterday said ZPI ...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

ZPI revenue declines in the interim period

Property concern ZIMRE Property Investments Limited (ZPI) reported revenue for the half year to June 30, 2017 declined 7 percent to $2,57 million on weakening rental revenues due to depressed demand f...

By Staff reporter | Published: 22 August 2017

LATEST PUBLISHED REPORTS

ZPI.zw | Abridged Unaudited Results for the 6 Months Ended 30 June 2017

Financial Highlights:Revenue $ 2,566,837Operating profit $ 466,678Profit before tax $ 645,832Profit for the period $ 613,526Dividend per share 0.012 US centsTotal comprehensive income for the period $...

By ZPI | Published: 22 August 2017

ANNOUNCEMENTS

ZPI.zw | Notice of Annual General Meeting

NOTICE IS HEREBY GIVEN THAT the 12th Annual General Meeting of Members of Zimre Property Investments Limited will be held at 206 Samora Machel Avenue East, Harare on 20 June 2017 at 1200 hours. ...

By A | Published: 05 July 2017

ANNOUNCEMENTS

ZPI.zw | Final Dividend Notice

Details:Date Announced :Wednesday, 10 May 2017Dividend declared for the period :31 December 2016Dividend Amount per share :0.029 US centsDividend Record Date :2 June 2017Last day to trade cum-dividend...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

ZPI.zw | Audited Financial Results FY16

Financial Highlights:- Revenue $ 5,520,649- Profit from operations $ 709,376- Loss before tax ($ 1,498,505)- Loss for the period ($ 1,447,445)- Dividend 0.029 US cents per share- Total comprehensive l...

By A | Published: 05 July 2017

ANNOUNCEMENTS

ZPI.zw | Dividend Announcement

Details:- Date Announced :Friday, 24 March 2017- Dividend declared for the period :31 December 2016- Dividend Amount per share :0.029 US cents- Dividend Record Date :TBA- Last day to trade cum-dividen...

By A | Published: 05 July 2017

CONSTRUCTION & PROPERTY

ZPI income declines 22%

Zimre Property Investments recorded a 22 percent decline in income in the five months to May this year following negative growth in rent income and property sales.The real estate investment company sa...

By Staff reporter | Published: 24 June 2014

ANNOUNCEMENTS

ZPI | Notice of Annual General Meeting

NOTICE IS HEREBY GIVEN THAT the 9th Annual General Meeting of Members of Zimre Property Investments Limited will be held on 18 June 2014 at 206 Samora Machel Avenue East, Harare at 1200 hours. ...

By ZPI | Published: 28 May 2014

CONSTRUCTION & PROPERTY

ZPI to invest $5m in property development

Listed property developer, Zimbabwe Property Investments Limited is waiting for regulatory approval from the Ministry of Local Government, Public Works and National Housing to start developing a resid...

By Staff reporter | Published: 14 May 2014

CONSTRUCTION & PROPERTY

ZPI focusing on smaller valuable projects

ZPI will be focusing on smaller projects that deliver value going forward until the economy recovers, managing director Edson Muvingi told an analyst briefing yesterday."Those who know Zimre Park, we ...

By Staff reporter | Published: 20 March 2014

LATEST PUBLISHED REPORTS

ZPI | Audited results for FY ended 31 Dec 13

Financial Highlights:- Revenue: $ 6 670 973- Operating profit: $ 1 960 329- Profit before tax: $ 2 237 509- Profit after tax: $ 1 812 401- Dividend per share: 0.024 US cents- Total comprehensive incom...

By ZPI | Published: 19 March 2014

ANNOUNCEMENTS

ZPI | Dividend declaration

Details:- Date Announced: Wednesday 19 March 2014- Dividend recommended for the period: 31 December 2013- Dividend Amount: 0.024 US cents- Dividend Record Date: 25 April 2014- Dividend Ex-Date: 28 Apr...

By ZPI | Published: 19 March 2014

CONSTRUCTION & PROPERTY

ZPI earmarks $2m for projects

Listed property developer Zimbabwe Property Investments Limited has earmarked $2 million to purchase land to drive growth in property development. This comes as ZPI's financial results for the full ye...

By Business Reporter | Published: 19 March 2014

CONSTRUCTION & PROPERTY

Zimre Property Investment happy with return from projects

ZIMRE Property Investments Limited is pleased with the rate at which they are recovering the returns from their two projects in Harare and Masvingo.The company has to date sold a total of 303 stands ...

By Staff reporter | Published: 11 September 2013

LATEST PUBLISHED REPORTS

ZPI | Unaudited results for HY ended 30 Jun 13

Financial Highlights:- Revenue: $ 3 508 131- Operating profit: $ 1 599 671- Profit before tax for the period: $ 1 661 804- Profit after tax for the period: $ 1 126 067- Dividend: Nil- Total comprehens...

By ZPI | Published: 10 September 2013

CONSTRUCTION & PROPERTY

Zimre rental income contribution reduce significantly

Zimre Property Investment (ZPI) released a lukewarm set of numbers showing a 25% growth in revenue to $3.5m from $2.8m. Rental income contribution reduced significantly from a high of 70% in December ...

By Staff reporter | Published: 10 September 2013

CONSTRUCTION & PROPERTY

ZPI targets 40% income from projects

HARARE - There is now limited scope for rent reviews in the sector and ZPI is focusing on growing the contribution of projects to total income, MD Edson Muvingi told an analysts briefing yesterday.&...

By Business reporter | Published: 10 June 2013
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