Who We Are
Your Premier Partner in Zimbabwean Real Estate Development and Management
First Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe.
First Mutual Properties has a significant property portfolio, comprising some 124 178 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare.
Our Investment Case
What sets FMP apart as an investment opportunity
First Mutual Properties (FMP) offers a compelling and resilient investment opportunity in Zimbabwe’s dynamic real estate sector. With a diversified portfolio of high-quality assets, a strategic focus on sustainability, and a disciplined capital management approach, FMP is well-positioned to deliver long-term value. Despite macroeconomic headwinds, FMP has demonstrated strong operational performance, underpinned by prudent management, asset resilience, and proactive tenant engagement. The company’s evolution is guided by ESG principles, digital innovation, and strategic diversification—making it a trusted and forward-looking investment partner.
Meet our management team
Leadership That Drives Vision and Excellence
Meet our board of directors guiding our vision and strategy to elevate investor value.
Christopher K. Manyowa
Managing Director
Dulcie Kandwe
Company Secretary
Dumisani Leroy Tshabalala
Finance Executive
Tafadzwa Andrew Muzorewa
Head of Property Portfolio & Services
Andrew Manezhu
Project Manager
Edward Munyangadzi
Property Investment Manager
Shingai Munemero
Financial Accountant
Nyaradzo Chingodza
Senior Property Manager
