Through an existing vehicle called Trust Properties, THL seeks to strategically expand its operations in the real estate industry through new acquisitions, joint ventures and consolidation of existing real estate portfolio. The strategic focus for this SBU is to create value to the extent that it can be listed on the stock exchange on its own. A substantial budget for investment in this sector is currently under consideration. Below is the existing real estate portfolio.

Transtobac:
THL currently has 50% shareholding in Transtobac (Private) Limited. The company owns the Transtobac Complex Mukuvisi, being 59 factory units, 372 housing units and undeveloped land on 33.9 hectares in Msasa. Currently the factory shells and housing units are being leased out.

About 11 hectares of the land is undeveloped and plans are at an advanced stage to build more factory units. An application has been made for the subdivision and sectional title of the Complex. This will significantly uplift the value of this investment and will become of key strategic importance to THL.
The long term strategic focus is to upgrade the complex to develop a commercial park which is viewed to become the business hub of Msasa industrial area.

Newlands Bypass Holding Limited:
THL holds a significant stake in “NBHL” which owns land that covers an area of about 22 hectares in both commercial and retail land in Harare.

Erarah:
THL holds a 25% stake in the company that was established in 2002 with the objective of identifying potential property development opportunities and sites in Zimbabwe, develop the sites to enhance the intrinsic value of the properties and then market them to achieve optimum return. The long term objective of the Company is to acquire and deliver high value housing projects attractive to high net worth investors and users alike, using the specialised skills of its broad shareholders.

PRODUCT PROFILE

1.1 Valuation and advisory services

• General Valuation of land and buildings including plant and machinery/equipment in relation to capital and rental values across all property sectors being residential, commercial (retail, offices, industrial), agricultural and     standing crop, institutional, Healthcare industry, leisure and recreational, specialised etc. in Zimbabwe and the SADC region.

• Valuation for insurance purposes and acquisition advice including appraisals for banks and other financial lending institutions.
• Valuations for accounting purposes, Due Diligence of mergers and acquisitions,  including for listing purposes;

1.2 Specialist valuations
TP offers specialist valuation services to occupiers, investors and lenders in the Health care sector as follows:

• For Occupiers (valuation for funding and corporate governance, strategic portfolio analysis, development appraisal and Acquisition support);
• For Investors and Lenders (Sector advice, loan security valuations, acquisition due diligence and investment valuations)

1. 5 Property management and estate agency

• TP has expertise in Estate Management (landlord and tenant negotiations including maintenance and repair), sales, letting, purchase of land and buildings, Property management and control.

1.6. Planning, Property investment and Development

• General advice on planning matters including issues relating to policy and development at local and national level.
• Development site identification, assembly and acquisition
• Preparation, submission and processing of planning applications including any necessary appeals
• Preparation and submission of evidence for planning inquiries and appeals
• Preparation of developments briefs and plans
• Arrangement of development funding and finance
• Advice on lending on property development.
• Project initiation, design, appraisal, development and management including technical advice pertaining to actual real estate developments (such as housing, commercial developments, HealthCare, leisure and recreational etc).

1.7 Research and Training

• Research into property market sales and rentals, real estate values and indices (capitalization rates and property investment yields vis-a-vis other investment vehicles) across all property sectors and publications of the market trends.