Mash Holdings sees green shoots in property market

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MASHONALAND Holdings (Mash Holdings) says the property market continues to evolve for survival in response to the headwinds in the economy.

Zimbabwe has been experiencing economic challenges, which have affected different sectors of the economy, including the property market.
“The incessant macro-economic challenges have seen some sectors within the property market failing to provide an automatic hedge against inflation.
“The ability to hedge, however, shifts between different sub-sectors as economic conditions and structural factors come into play,” Mash Holdings board chairperson, Grace Bema, said in a statement accompanying the group’s financial results for the year ended December 31, 2022.