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Why invest in First Mutual Properties limited?
A Trusted Real Estate Partner for Sustainable, Long-Term Value
First Mutual Properties Limited is a listed real estate investment company offering investors access to a resilient and diversified property portfolio across Zimbabwe’s key urban centres. With a strategic focus on high-growth sectors such as suburban office parks, retail centres, and student accommodation, FMP continues to deliver strong operational performance and sustainable earnings. Our approach combines disciplined asset management, ESG integration, and digital innovation to create enduring value for shareholders. Backed by a highly experienced leadership team and robust governance structures, FMP is positioned to thrive in a transforming property market.
Performance Highlights
2025 Full Year Results
The Group’s net property income was US$4,566,700 (FY 2024: US$4,842,676) with total revenue at US$8,968,710 (FY 2024: US$9,027,117). Rental income remains the primary revenue source.
Profit After Tax (US$)
3.89 million
FY2024: - 57.28 million
107%
Net Property Income (US$)
4.57 million
FY2024: 4.84 million
6%
Total Assets (US$)
140.07 million
FY2024: 136.95 million
2%


