Collective Investment Scheme registered with SECZSECZ101159S Zimbabwe

REAL ASSETS. LASTING IMPACT.

Invest in homes.
Build lasting value.

A Zimbabwean real estate investment trust focused on affordable housing, beginning with the proposed Masvingo Flats Project.

MASVINGO, ZIMBABWE · ARTIST'S IMPRESSION

A proposed residential community
on Stand 40732
SCROLL TO EXPLORE
US$10mOFFER SIZE
US$0.10PRE-LISTING UNIT PRICE
US$100MINIMUM INVESTMENT
10%TARGET NET YIELD 1
180PROPOSED HOMES

THE OPPORTUNITY

A housing need.
A real asset response.

Zimbabwe's housing gap is persistent and growing. Mutirikwi REIT's strategy is to direct capital toward affordable homes for households underserved by conventional mortgage finance.

See how the model works →
NATIONAL HOUSING DEFICIT1.5m+

homes needed across Zimbabwe

ADDITIONAL DEMAND EACH YEAR~200k

homes of growing annual demand

NATIONAL TARGET BY 20301m

housing units under national policy

01 / 03

Investment in affordable housing can connect institutional capital with households who have income but limited access to traditional mortgages.

DESIGNED FOR REAL-LIFE HOUSING NEEDS
Informal workforceCivil servantsDiaspora familiesCorporate employees

THE DEVELOPMENT

More than a building.
A neighbourhood in the making.

Stand 40732 is a proposed gated residential community, around 4 km from Masvingo CBD on the road to Great Zimbabwe. The City of Masvingo offered the stand under Tender No. HSL03/2026.

Artist's impression of the proposed Masvingo flats estateARTIST'S IMPRESSION
STAND 40732Masvingo
Flats Project
PROPOSED DEVELOPMENT180

two-bedroom homes across 30 apartment blocks

3storeys per block
216parking bays
12,478 m²stand area
6phases of 30 homes

↗~36 months
Target to final handover, subject to tender award and statutory approvals.

01Gated communityPerimeter walling and controlled access
02Metered utilitiesIndividually metered water and gas
03Solar lightingLighting for streets and shared areas
04Everyday amenityShopping-centre frontage and green space

THE MODEL

Capital builds homes.
Homes serve communities.

The REIT's strategy combines residential development with a rent-to-own approach. Actual outcomes depend on project delivery, occupancy, costs and other risks.

01
↗

Investors
subscribe

Investors participate in the REIT through its published offer terms.

02
⌂

Capital funds
development

The REIT targets investment in residential property and development.

03
▥

Homes are
made available

Proposed homes are intended for qualifying households under rent-to-own.

04
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Rental income
supports returns

USD rentals are intended to support recurring income to the REIT.

05
⌂

Residents work
toward ownership

Tenant payments are intended to build equity toward home ownership.

This diagram describes the intended model only. It is not a promise of project delivery, rental income, distributions or investment performance.

INVESTMENT TERMS

Clear terms.
Long-term focus.

Key terms published in the September 2026 brochure. Review the offer documents and risks before making any investment decision.

Read the brochure ↓
Offer sizeUS$10 million
Total units100 million
Pre-listing unit priceUS$0.10
Minimum investmentUS$100
Target net yield 110% p.a.
Target net IRR 117%
Target distribution frequencyQuarterly, in USD
Target exchange / listingVFEX / March 2027
Management fee1% p.a. of market value
Trustee and custodial fee0.3% p.a. of market value
1 Yield and IRR are targets, not guarantees. Actual returns may differ. Terms and project assumptions are subject to the offer documents and applicable approvals.

EXPLORE THE NUMBERS

Picture the
possibility.

Use this educational calculator to see what the brochure's pre-listing unit price and target yield could illustrate for an amount you choose.

i

Illustrative only. The 10% net yield is a target and is not guaranteed. Actual returns may differ. This calculator does not process an investment or allocate units.

ILLUSTRATIVE CALCULATOR
US$

Minimum investment: US$100

ILLUSTRATIVE UNITS50,000
ANNUAL DISTRIBUTION at 10% targetUS$500
QUARTERLY DISTRIBUTION illustrativeUS$125
Start an enquiry ↗Indicative calculation from stated brochure terms only. No offer, advice, ownership confirmation or guarantee.

GOVERNANCE & RISK

Trust through
transparency.

Mutirikwi REIT is registered as a Collective Investment Scheme with the Securities and Exchange Commission of Zimbabwe. Understand the risks and read the offer documents before investing.

Read full risk disclosures ↓
01

Tenant default

Brochure mitigation includes grace periods, peer or employer guarantees, and a waiting list of qualified households.

02

Construction overruns

Proposed mitigations include an 8% construction contingency, fixed-price SME contracts, standardised designs and bulk procurement.

03

Land and title delays

Land acquisition is conditional. The brochure describes clean-title land acquisition with council approval as a mitigation.

04

Currency and inflation

The strategy references USD-pegged rents and costs, with target distributions in USD. Currency and inflation risks remain.

05

Political and regulatory change

Changes in regulation or policy may affect the REIT and its project. Oversight does not remove investment risk.

REGISTRATIONSECZ101159SCollective Investment Scheme
Securities and Exchange Commission of Zimbabwe

GOOD QUESTIONS

Before you
take the next step.

Get familiar with the fund, the proposed development and the published terms.

Ask the fund team →
Is the 10% target yield guaranteed?

No. The brochure states that yield and IRR are targets, not guarantees. Actual returns may differ, and investors may lose some or all of their investment.

What is the minimum investment?

The September 2026 brochure states a minimum investment of US$100 at a pre-listing unit price of US$0.10. Review current offer documents with the Fund Manager.

What is the Masvingo Flats Project?

A proposed development on Stand 40732 in Masvingo, comprising 180 two-bedroom homes across 30 blocks. Project delivery remains subject to tender award and statutory approvals.

When is the VFEX listing expected?

The brochure lists March 2027 as the target listing date. This is a target, not a confirmed listing date.

Who manages the fund?

Redwood Asset Management (Private) Limited is the Fund Manager. Kreston Zimbabwe Trustees is the Trustee. Entry Financial Technologies is the Operating Partner.

How do I get official offer documents?

Request the investment pack using the enquiry form or contact Redwood Asset Management directly. The brochure is available here for background information.

START A CONVERSATION

Explore the opportunity
with the fund team.

Request the investment pack or ask a question. A member of Redwood Asset Management can help with next steps.

Address
1st Floor, 106 McChlery Ave, Eastlea, Harare

We're open
8:00 am–4:00 pm
Contact Us ↗
INVESTOR ENQUIRY01 / 01

Submitting an enquiry does not create an investment or reserve units.