Work kicking off at Bulawayo’s Fairgrounds, a new shopping complex being developed by
@terraceafrica for the Tigere Property Fund. It’s due to be completed in 2027.
Tigere is a ZSE-listed real estate investment trust (REIT) that currently holds Highland Park, Chinamano Corner, Greenfields and Zimre Park Drive-Thru.
Four more properties are being added to the Tigere portfolio this year, including Cardinals Corner and the Design Quarter at the Highland Park Precinct.
Tigere is targeting rapid growth in net asset value (NAV), the total value of a property portfolio after taking out liabilities.
Tigere wants to grow NAV from US$60 million last year to US$100 million this year, and US$200 million by end of 2028.
[🎥 Mandebvu Contracting]