Mash Holdings asset portfolio to clock US$120 million

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MASHONALAND Holdings (Mash Holdings) expects to grow its total asset portfolio by around 50 percent to reach US$120 million in the next five years.

The property developer has a five-year diversification strategy expected to boost its asset portfolio from US$80,7 million it recorded at the close of 2023 to US$120 million by 2027. This was a 4,9 percent increase from US$76,9 million realised in 2022.
This comes amid calls by analysts for the property investment and development firm to carefully navigate its portfolio diversification to avoid saddling itself with underperforming property assets in future.