Fidelity registers REIT

FIDELITY Life Assurance of Zimbabwe (Fidelity) has registered a Real Estate Investment Trust (REIT) to lead infrastructure development and wealth creation initiatives through public and private partnerships.
The listed financial services group’s chairman, Livingstone Gwata, said all the company’s activities continued to be focused on creating value for policyholders and shareholders, as well as growing and protecting their interests.

Advertisements

“This broad objective influenced all investment decisions in capital, money, and real estate markets,” he said in a statement accompanying financials.
The group continues to diversify its portfolio investments in an environment characterised by inflationary pressures and the continued devaluation of the Zimbabwean

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

ICT, consumer stocks drive markets growth

Diversification buoys CBZ’s lending portfolio

Delta Corporation to step up cost cuts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More