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Message: [QUOTE="Queen, post: 84804, member: 27"] Zimbabwe’s property market is ripe for mixed-use REITs as diaspora cash and killer industrial yields offer a sweet spot for investors. African real estate trusts lag global peers [LIST] [*]FBCS points out that the African REIT market is tiny compared to the massive US$4 trillion global scene, which feels like a missed opportunity. [*]South Africa is carrying the team with a US$8.5 billion market cap, while Nigeria and Kenya are trailing way behind in the distance. [*]Zimbabwe is sitting at just US$261 million, but the report suggests this low number actually highlights a massive gap for potential investors. [/LIST] High industrial yields favor mixed use strateg [LIST] [*]You are looking at serious returns in the industrial sector, where yields are hitting 12 to 13 percent near informal logistics hubs. [*]Retail brings in 7.5 percent, and offices sit at 7 percent, so FBCS thinks a mixed-use structure is the smartest play to balance the risk. [*]This approach combines those juicy industrial cash flows with residential exposure, which is safer since it caters to the diaspora market. [*]Investors here are wary of economic uncertainty, so they prefer steady dividends over betting on capital appreciation like in other markets. [/LIST] Diaspora cash fuels property demand surge [LIST] [*]Foreign currency receipts jumped 22 percent to hit US$16.2 billion, and that cash is basically keeping the property sector alive and kicking. [*]Diasporans are responsible for about 40 percent of the property demand in Harare, which is a huge chunk of the market right now. [*]The informal economy is also reshaping things, creating demand for assets that service the little guys rather than just big corporate tenants. [*]Funds under management rose to US$92 million last year, thanks largely to growth from the Seatrite Five REIT and Eagle REIT. [/LIST] [/QUOTE]

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