Revitus declares US$45 805 maiden dividend

THE National Railways of Zimbabwe Pension Fund (NRZPF) Revitus Real Estate Investment Trust (REIT) has declared a maiden dividend of US$45 804 during the quarter ended March 31, 2024.

The Revitus REIT was listed on the Zimbabwe Stock Exchange on December 18, 2023, following an initial public offering (IPO) in which ZWL$48 551 516 400 was raised to spruce up its properties.

The Revitus REIT was launched to raise funding for renovating central business district (CBD) properties such as the Pioneer House in Bulawayo and Chester House in Harare.

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