Old Mutual injects US$12m in Harare housing project

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OLD Mutual Zimbabwe has launched a US$12 million upmarket housing project in Prospect, Harare, designed to provide a modern living experience for local residents.

On completion, the project would have 136 standalone four-bedroomed apartments in six high-rise flats. Other apartments would have 72 one-bedroomed, 36 two-bedroomed units and 36 bedsitters.

Speaking at a ground-breaking ceremony in Prospect yesterday, Old Mutual chief executive Samuel Matsekete said the project would be undertaken in phases.

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