Zimbabwe Stock Exchange: REITs listings expected this year

The Zimbabwe Stock Exchange (ZSE) anticipates more new capital markets products with the first Real Estate Investment Trusts (REITs) listing expected this year.
1M | 3M | YTD | 1Y | 2Y |
+4.30% | +7.17% | -5.46% | +3.82% | -99.82% |
Value Traded (ZiG) 4,896,108.48 |
Volume 25,857,337 |
Transactions 103 |
Market Cap. (Millions ZiG) 66,243.68 |
The Zimbabwe Stock Exchange (ZSE) anticipates more new capital markets products with the first Real Estate Investment Trusts (REITs) listing expected this year.
Experts in the capital markets are projecting further growth in retail investor participation on the Zimbabwe Stock Exchange (ZSE) in 2022 on enhanced access to trading at a time foreign participation has been on a decline.
The Zimbabwe Stock Exchange (ZSE) outperformed the rest of sub-Saharan stock exchanges on investment returns in US dollar terms last year after its market value grew by 153 percent.
DIVERSIFIED group, Meikles Limited (ZSE:MEIK) said on Friday plans to unbundle and list its Tanganda Tea Company subsidiary separately on the Zimbabwe Stock Exchange (ZSE) had been deferred pending an agreement with the Zimbabwe Revenue Authority (Zimra) on capital gains tax.