The built environment, encompassing the physical spaces where we live, work, and interact, is often overlooked despite its profound impact on the economy. This intricate network of buildings, infrastructure, and public spaces is the backbone of our daily lives, influencing productivity, health, and overall well-being. However, its significance extends beyond mere functionality and is critical in driving...
In a world of choices, decisions have to be made, and within the real estate investment sector, the choices have been increased by the introduction of Real Estate Investment Trusts (REITs), whose underlying asset is real estate. I am inclined to ask, how many of us have invested in properties for no other reason than affordability? One may have picked on an asset for hedging purposes. While these remain...
The real estate valuation process in Zimbabwe, like in many parts of the world, is a multifaceted and intricate procedure. It requires a comprehensive understanding of various appraisal methods, the influence of location, property condition, market trends, and the application of rigorous standards to ensure consistency and reliability. Adding to these complexities is the issue of currency conversion, a...
By Mike Eric Juru As the world grapples with the existential threats of climate change, social inequality, and governance failings, the imperative for businesses to prioritise sustainability and transparency has never been more pressing. Environmental, Social, and Governance (ESG) reporting has emerged as a vital tool for companies to account for their impact and commitments. Yet, despite its growing...
In the last national budget, the government availed funding for all local authorities to prepare their master plans, culminating in developing or revising local plans and shaping site plans. The interconnectedness in this process is of utmost importance as it all shapes the built environment, underlining the significant role each of us plays in sustainable urban development. By definition, Master...
by: Dr Bekithemba Mpofu Chief Real Estate Officer, Integrated Properties Introduction The unveiling of Zimbabwe's new monetary policy by the Reserve Bank marks a pivotal moment in the country's economic trajectory. Positioned to stabilize the nation's currency and foster economic rejuvenation, this policy carries profound implications for various sectors, including real estate. Delving into the...
In the ever-evolving realm of global investment, the robust emergence of real estate as a dominant force has rewritten the narrative of wealth management. Once confined to the elite echelons of society, the democratization of real estate investment through vehicles like Real Estate Investment Trusts (REITs) has ushered in a new era of accessibility for a broader spectrum of investors. However, while the...
Introduction In embarking on its journey towards economic revitalization, Zimbabwe finds itself at a crucial juncture where the real estate sector emerges as a linchpin for fostering sustainable growth. Proposing the establishment of a dedicated green housing fund akin to the IHS Kenya Green Housing Fund, this article delves into the potential benefits and transformative impact such an initiative could...
The global discourse surrounding environmental sustainability has intensified recently, prompting significant shifts in various industries worldwide. Real estate is crucial in pursuing sustainability due to its substantial environmental footprint and long-term implications for livelihoods and ecosystems. Building operations account for 30% of global final energy consumption and 26% of global...
Valuations play a crucial role in various aspects of business, finance, and investing. They provide an estimation of the economic value of an asset, company, or investment opportunity, and are important for several reasons which include investment decision-making, mergers and acquisitions, financial reporting, capital raising, investor relations and legal and regulatory compliance amongst other things...