TIGERE Property Fund registered a 75 percent increase in total comprehensive income to US$451 249 for the first quarter ended March 31, 2025 from US$257 620 a year earlier attributed to improved pricing and full occupancy rate.
The ZSE-listed real estate firm however opined that concerns of widespread price “overheating” within the sector were “overstated”, with pervasive supply-side gaps noted in key sub-segments such as warehousing; affordable housing; quality retail infrastructure and office space.