The Investment Vehicle

The REVITUS Real Estate Investment Fund (“REVITUS REIT” of “Fund”) is pooled property investment vehicle that has been established under the auspices of the National Railways of Zimbabwe Contributory Pension Fund through seeding of five (5) commercial properties as the initial assets of the Fund. The REVITUS REIT is licensed and registered as a collective investment scheme by the Securities and Exchange Commission of Zimbabwe, under the Collective Investment Schemes Act [Chapter 24:29].

The Investment Thesis

Fund has been set-up to strategically acquire” distressed” commercial properties in urban areas and repurpose them into modern green buildings with enhanced economics – higher rental yields and market values. The Fund will grow in the coming years through strategic acquisition and enhancement of additional property assets. This will result in higher rental income earning capacity and improved valuations of the properties held by the fund. Ultimately, the investors will enjoy growing dividend income and potential capital appreciation. 

IPO Timetable

Event Date
Publication of Prospectus Wednesday, 15 November 2023
Opening Date for the offer Thursday, 16 November 2023
Closing Date of Offer Thursday, 7 December 2023
Listing Date Friday, 15 December 2023
First day of Trading on ZSE Monday, 18 December 2023

Investor Information

Detailed information on the REVITUS REIT IPO and Listing can be obtained in the Prospectus and Investors Presentation that can be downloaded here.

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REVITUS Real Estate Investment Trust provides you with an opportunity to build a more diversified portfolio of income generating properties, acquired at a discount and revitalised to generate higher rental income.

Contact Us

CBZ Wealth Management Centre
Corner Edinburgh/ Campbell Road
Pomona, Borrowdale, Harare
PO Box HG 480 Highlands, Harare

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