Tigere Property Fund, listed on the Zimbabwe Stock Exchange, has released a pre-close statement for the year ended December 31, 2025, highlighting a transformational year marked by significant acquisitions and strong operational performance.
The Fund’s decisive execution and disciplined cost control have positioned it as one of Zimbabwe’s fastest-growing listed entities. Key highlights include the acquisition of Greenfields Retail Centre and Zimre Park Drive-Thru in Q4 2025, valued at US$25.13 million, with a net initial yield of 9.20% and 7.74% respectively.
Tigere REIT’s market capitalization has surpassed USD 101 million, with distributable earnings expected to exceed USD 2.3 million and Earnings Per Unit forecast to rise 17-22% year-on-year. The Fund has declared twelve consecutive dividends, with the last eight paid fully in USD.
Looking ahead, Tigere REIT targets 18-20% year-on-year growth in FY2025 DPU and aims to pay a minimum quarterly dividend of USD 1 million in FY 2026. The REIT’s growth pipeline includes several high-quality developments, with pre-emptive rights, across Harare, Kadoma, Gweru, Ruwa, and Bulawayo.
With a robust strategy and diversified portfolio, Tigere REIT is poised for continued growth, exploring funding options and regional asset acquisitions to enhance investor value and foreign currency exposure.
