WestProp Holdings
| Formerly | West Property Company (Pvt) Limited |
|---|---|
| Company type | Public |
| WPHL on the VFEX | |
| Founded | September 27, 2007 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]
Background[edit]
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[edit]
- Company of the Year - National Property Services Industry awards 2020
- Zimbabwe Top 100 Business Brands of the Year 2020
- Real Estate Company of the year – Megafest Business Awards 2021[19]
- Best Residential Development 20+units Zimbabwe - African and Arabian Laufen International Property Awards 2022 (Dubai)[20][21]
- Real Estate Development Company of the year – Zimbabwe Infrastructure Investment Summit and Awards 2022
- Top 20 outstanding organisations for the year 2022 – Megafest Business Awards[22]
- Best Property Developer, Best Land Developer – Zimbabwe Business Awards 2023
- Company of the year (construction industry) – Zimbabwe Business Awards 2023[23]
- Organisation of the year 2023 - African Achievers Awards[24]
References[edit]
- ^ Partner, Brandcom (April 4, 2023). "Zimbabwean property developer west properties lists IPO on the Victoria falls stock exchange VFEX". CNBC Africa.
- ^ Mtutu, Tafara. "West Property plans VFEX listing". The Zimbabwe Independent.
- ^ "WestProp and Ken Sharpe Sweep top Honours at Zimbabwe Business Awards". www.propertybook.co.zw.
- ^ "WestProp considers 'lease holds'". April 7, 2021.
- ^ "West Properties launches Millennium Heights – DailyNews". dailynews.co.zw.
- ^ "West Property set to contribute massively to premium luxury housing in Zimbabwe - AfricaBusiness.com".
- ^ Mzimkhulu, Lucky (January 26, 2023). "WestProp Gets A Green Light For An Exciting New State Of The Art Property Development".
- ^ Ayemba, Dennis (April 5, 2021). "Massive housing projects for Borrowdale and Pomona areas, Zimbabwe". Construction Review Online.
- ^ "West Property US$4 billion Pomona City project on cards".
- ^ Mail, The Sunday. "Firm gets nod for Warren Hills golf course project". The Sunday Mail.
- ^ "Zimbabwe: Construction of U.S.$100 Million Mall of Zim Set to Start". buildmartafrica.COM.
- ^ "Aoapc Associación Des Organisations Africaines » Mall of Zimbabwe space take-up increases 75%".
- ^ Staff Reporter. "Property developer commits billions into real estate projects". NewsDay.
- ^ Writer, Guest (March 3, 2023). "West Property Zimbabwe". www.africa.com.
- ^ "Zimbabwe's WestProp lists on Victoria Falls stock exchange". March 29, 2023.
- ^ Chronicle, The. "WestProp Holdings Limited eye VFEX listing". The Chronicle.
- ^ Nigeria, Guardian. "Zimbabwe's WestProp lists on Victoria Falls stock exchange". african markets.
- ^ Zwinoira, Tatira. "WestProp mulls REIT after VFEX listing". The Standard.
- ^ "Businessman Sharpe scoops Megafest Award".
- ^ "West Properties achieves international recognition".
- ^ "West Properties wins big in Dubai | Business Times". businesstimes.co.zw. October 7, 2022.
- ^ Staff Reporter. "West Properties bosses scoop Megafest top awards". NewsDay.
- ^ Correspondent, Own (February 27, 2023). "Sharpe, West Property Dominate Zimbabwe Business Awards".
- ^ https://www.263chat.com/westprop-awarded-the-best-african-organisation-of-the-year/