WestProp Unveils Bold Transformation to Unlock Shareholder ValueShareKenn Sharpe With Simbarashe KadyeBy Business Reporter | WestProp Holdings Limited has announced one of the most ambitious corporate restructuring initiatives in Zimbabwe’s property sector, unveiling a strategic plan designed to unlock shareholder value, sharpen its business focus and position the company for sustained long-term growth. The consideration will be settled through existing WestProp shares held by the majority shareholder, meaning no new WestProp shares will be issued and existing shareholders will not experience dilution. Total assets stood at nearly US$240 million, with shareholder equity exceeding US$162 million, underlining the company’s robust financial foundation. The Board believes the proposed separation will enable investors to distinguish between WestProp’s income-generating operations and the long-term value creation potential of the Pomona City development. With the proposed restructuring, WestProp is signalling confidence in Zimbabwe’s property market while demonstrating a commitment to innovative corporate strategy, enhanced shareholder returns and sustainable long-term value creation.