2025 Full Year Results

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.

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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.

2025 Full Year Results

Elisha K. Moyo, Chairman of the Board

Improved macroeconomic conditions are expected to boost business confidence and planning certainty, while ongoing policy discipline should underpin investment across key sectors.

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%

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