Online Reporter
Business Reporter
Players in Zimbabwe’s real estate sector will converge at the ZIMREAL 2025 conference next week to discuss strategies for “Cementing Growth and Growing Value.”
The event is seen as an opportunity for developers, investors, and other professionals to gain insights and forge partnerships in an evolving market.
It will also spotlight the resilience and creativity driving Zimbabwe’s urban evolution.
Speaking ahead of the Conference, WestProp Holdings chief executive officer Mr Ken Sharpe, who is ZIMREAL 2025’s lead sponsor, said the event will provide an opportunity to consolidate progress and come up with practical steps to sustain the growth and value creation.
“I expect this year’s event to spotlight innovation, celebrate resilience and foster partnerships that will unlock new capital flows and accelerate urban transformation.
“This years’ theme resonates with what we, at West Prop, have set as an ambitious and bold mission, to lay one billion bricks by 2025,” said Mr Sharpe.
ZIMREAL 2025 is expected to address key issues facing the sector, including limited access to affordable financing, availability of data, infrastructure bottlenecks and regulatory uncertainty.
“ZIMREAL is playing a crucial convening role to align policy with private sector innovation. Public-private partnerships and foreign direct investment are vital in overcoming these challenges,” he added.
This year’s conference will be preceded by an Awards Dinner on the 20th that will celebrate excellence across multiple categories including: women in real estate, outstanding retail and hospitality developments as well as leading innovators, alternative asset developers and newsmakers.
ZIMREAL 2025 organisers, highlighted the award recipients were selected based on proven performance and evidence that has been backed up by industry peers.
Regional property expert, Kura Chihota, noted that the event comes at a critical juncture, when several urban council masterplans are under discussion.
“ZIMREAL is an ideal platform to deepen engagements around the plans because no one can tackle the infrastructure challenges on their own. We need players, including local authorities to share ideas on how to improve their capacity and service delivery so that we can deliver meaningful value for investors,” said Mr Chihota.
He added that this was particularly relevant given the competition for capital to finance real estate projects.
Online Reporter