{"id":98173,"date":"2024-08-29T12:18:31","date_gmt":"2024-08-29T10:18:31","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development"},"modified":"2024-08-29T14:21:44","modified_gmt":"2024-08-29T12:21:44","slug":"westprop-starts-mall-development","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development","title":{"rendered":"WestProp starts mall development"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>PROPERTY developer, WestProp Holdings Limited (WestProp) has announced plans to launch the construction of a new mall in Harare, Mall of Zimbabwe, in the second quarter of 2025, as it seeks to complete one of its major developments.<\/p>\n<p>The mall is one of several multi-million United States dollar development projects the developer is working on.<\/p>\n<p>Apart from the new mall, WestProp is developing The Hill Luxury Golf Estate (office and residential), Pomona City (residential), Millennium Heights (residential), Pokugara Residential Estate and Millennium Heights Office Park.<\/p>\n<p>Speaking at the ZimReal Property Investment Forum\u2019s (ZimReal) annual conference yesterday in Harare, WestProp chief executive Ken Sharpe said the construction of the mall was in its planning phase.<\/p>\n<p>\u201cWe anticipate completing the lease by Q1 [first quarter] next year and groundbreaking will likely take place in Q2,\u201d Sharpe said in a side interview with NewsDay Business.<\/p>\n<p>The mall is set to be one of the largest in the country and will be constructed by Exemplar, a renowned South African company, specialising in mall development.<\/p>\n<p>Sharpe said he was seeking to bring in international brands such as Louis Vuitton, Zara and Gucci to the mall, which would help the firm to stand.<\/p>\n<p>\u201cWe want these brands to be coming in and we want to have an offering that is unique. We want to have something that no one has seen before,\u201d he said.<\/p>\n<p>Exemplar chief executive Jason McCormick highlighted the importance of establishing a comprehensive financial framework to ensure a successful investment.<\/p>\n<p>He said the firm would be working on the financial logistics to determine return on investment and construction costs, allowing it to finalise tenant placements and investor commitments.<\/p>\n<p>\u201cFor any good investment, you need to know what your retainers can be and ourselves, that is what we will be doing in the next six-eight months,\u201d McCormick said.<\/p>\n<p>\u201cThat\u2019s what we will be doing, building that financial set-up so that we will be aware of what it will cost us and probably 80% of the tenants will know exactly where they will be.\u201d<\/p>\n<p><strong>For More News And Analysis About Zimbabwe Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. PROPERTY developer, WestProp Holdings Limited (WestProp) has announced plans to launch the construction of a new mall in Harare, Mall of Zimbabwe, in the second quarter of 2025, as it seeks to complete one of its major developments. The mall is one of several multi-million United States dollar development projects the developer [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":98171,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[19],"class_list":["post-98173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-zimbabwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WestProp starts mall development - zimbabwe<\/title>\n<meta name=\"description\" content=\"PROPERTY developer, WestProp Holdings Limited (WestProp) has announced plans to launch the construction of a new mall in ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WestProp starts mall development\" \/>\n<meta property=\"og:description\" content=\"PROPERTY developer, WestProp Holdings Limited (WestProp) has announced plans to launch the construction of a new mall in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-29T10:18:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-29T12:21:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/08\/sm_1724921474.099949.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"935\" \/>\n\t<meta property=\"og:image:height\" content=\"527\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"WestProp starts mall development\",\"datePublished\":\"2024-08-29T10:18:31+00:00\",\"dateModified\":\"2024-08-29T12:21:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\"},\"wordCount\":355,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/08\/sm_1724921474.099949.jpg\",\"keywords\":[\"Zimbabwe\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/westprop-starts-mall-development\",\"name\":\"WestProp starts mall development - 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