OLD Mutual Zimbabwe has officially launched a luxurious housing project in Prospect, Harare, worth US$12 million.
The project, designed to provide a modern living experience for local residents, will consist of 120 units of one-bedroom and two-bedroom apartments.
Located in the heart of Prospect, one of Harare’s most sought-after suburbs, the development is expected to cater to the growing demand for quality housing in the area.
The project is part of OLD Mutual’s efforts to diversify its portfolio and invest in the country’s real estate sector.
The apartments will feature modern amenities such as swimming pools, gyms, and 24-hour security, providing residents with a comfortable and secure living environment.
The project is expected to create jobs for local contractors and suppliers, injecting much-needed stimulus into the local economy.
The launch of the housing project marks another milestone in OLD Mutual Zimbabwe’s expansion plans, following the launch of its banking subsidiary earlier this year.
The company has pledged to continue investing in key sectors of the economy, including real estate, agriculture, and manufacturing.
SOURCE : NEWSREPORTZIM.COM
