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Browsing: What is the difference between a REIT and a STOCK
- Tigere Property Fund, a Real Estate Investment Trust (REIT), declared its first US dollar dividend, totaling US$152,000.
- This marks a major milestone for the company, which listed on the Zimbabwe Stock Exchange (ZSE) last year.
- The global REIT market size is estimated to increase by USD 333.01 billion between 2022 and 2027. The market’s growth momentum will accelerate at a CAGR of 2.8% during the forecast period.
Zimbabwe’s Real Estate Investment Trust (REIT) market has seen a significant development in recent times, with one REIT making a bold announcement regarding its dividends. Tigere REIT, known for its extensive real estate portfolio, has declared that it will be paying out its dividends in US dollars.
Tigere Property Fund, Zimbabwe’s first real estate investment trust (REIT) declared its maiden dividend of US$ 152 577 in line with its Listing Prospectus. The REIT, which was listed on the Zimbabwe Stock Exchange on November …