Pfuma REIT listed on VFEX

Judith Phiri [email protected]

The Victoria Falls Stock Exchange Limited (VFEX) has announced the listing of Pfuma Fund Real Estate Investment Trust (Pfuma), by Arctic Blue Asset Management (Private) Limited effective Friday, with trading in its securities to commence on Monday.

Arctic Blue has been appointed as the investment manager, responsible for managing the REIT and its property assets on behalf of investors.


CABS Custodial Services will act as trustee, safeguarding the interests of unit holders, while IH Securities (Private) Limited has been designated as the sponsoring broker.

In a statement, VFEX Group chief executive officer (CEO), Mr Justin Bgoni said Pfuma becomes the second REIT to list on the VFEX after Eagle REIT.
“The Pfuma REIT becomes the second REIT on VFEX and the 18th listing on our exchange. Trading in Pfuma securities will commence on Monday, 09

February 2026. Pfuma successfully raised US$25 million during the subscription period (11 December 2025 to 23 January 2026), with a 100 percent subscription level,” he said.

He said a total of 471,351,750 units will be traded, while the Pfuma securities will trade under the symbol: PFUMA.VX and ISIN ZW VX 0903 0029.
Mr Bgoni said investors wishing to invest in the Pfuma securities were advised to consult their stockbroker or financial advisor for further guidance.

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