WestProp Holdings

Last updated
WestProp Holdings Limited
FormerlyWest Property Company (Pvt) Limited
Company type Public
WPHL on the VFEX
FoundedSeptember 27, 2007;18 years ago (2007-09-27) in Harare, Zimbabwe
Founder Ken Sharpe

WestProp Holdings is a real estate development company in Zimbabwe. It is the first real estate company to be listed on the Victoria Falls Stock Exchange. [1] [2]

Contents

Background

WestProp Holdings Ltd, formerly West Property Company Pvt Ltd was founded in 2007 by Kenneth Sharpe as a publicly traded property development company. [3] The company is known for its flagship developments projects that include Gunhill Rise, [4] Millennium Heights, [5] [6] Pokugara residential estate [7] and mixed use smart city projects at Pomona city, [8] [9] Warren Hills Golf Estate [10] and Mall of Zimbabwe, [11] [12] a joint venture with Exemplar. [13] [14]

In 2023, WestProp Holdings was approved for listing on the Victoria Falls Stock Exchange [15] becoming the first real estate company to list on the VFEX [16] and the listing became the first equity capital raise by way of preference shares in an Initial Public Offering (IPO) on the VFEX stock market. [17] [18]

Awards

References

  1. Partner, Brandcom (April 4, 2023). "Zimbabwean property developer west properties lists IPO on the Victoria falls stock exchange VFEX". CNBC Africa.
  2. Mtutu, Tafara. "West Property plans VFEX listing". The Zimbabwe Independent.
  3. "WestProp and Ken Sharpe Sweep top Honours at Zimbabwe Business Awards". www.propertybook.co.zw.
  4. "WestProp considers 'lease holds'". April 7, 2021.
  5. "West Properties launches Millennium Heights – DailyNews". dailynews.co.zw.
  6. "West Property set to contribute massively to premium luxury housing in Zimbabwe - AfricaBusiness.com".
  7. Mzimkhulu, Lucky (January 26, 2023). "WestProp Gets A Green Light For An Exciting New State Of The Art Property Development".
  8. Ayemba, Dennis (April 5, 2021). "Massive housing projects for Borrowdale and Pomona areas, Zimbabwe". Construction Review Online.
  9. "West Property US$4 billion Pomona City project on cards".
  10. Mail, The Sunday. "Firm gets nod for Warren Hills golf course project". The Sunday Mail.
  11. "Zimbabwe: Construction of U.S.$100 Million Mall of Zim Set to Start". buildmartafrica.COM.
  12. "Aoapc Associación Des Organisations Africaines » Mall of Zimbabwe space take-up increases 75%".
  13. Staff Reporter. "Property developer commits billions into real estate projects". NewsDay.
  14. Writer, Guest (March 3, 2023). "West Property Zimbabwe". www.africa.com.
  15. "Zimbabwe's WestProp lists on Victoria Falls stock exchange". March 29, 2023.
  16. Chronicle, The. "WestProp Holdings Limited eye VFEX listing". The Chronicle.
  17. Nigeria, Guardian. "Zimbabwe's WestProp lists on Victoria Falls stock exchange". african markets.
  18. Zwinoira, Tatira. "WestProp mulls REIT after VFEX listing". The Standard.
  19. "Businessman Sharpe scoops Megafest Award".
  20. "West Properties achieves international recognition".
  21. "West Properties wins big in Dubai | Business Times". businesstimes.co.zw. October 7, 2022.
  22. Staff Reporter. "West Properties bosses scoop Megafest top awards". NewsDay.
  23. Correspondent, Own (February 27, 2023). "Sharpe, West Property Dominate Zimbabwe Business Awards".{{cite web}}: |last= has generic name (help)
  24. https://www.263chat.com/westprop-awarded-the-best-african-organisation-of-the-year/