PROPERTY REPORT – New Bard team braces

Staff Writer

A MANAGEMENT consortium that took over Bard Real Estate a few months ago plans to expand business into the region.


The

company has started receiving enquiries from regional countries for business and services.


Bard has introduced new services due to the technical expertise brought in by the new management.


Since the takeover the company has diversified into property appraisals, audits and valuation.


Other new services include asset management, packaging of investments and advisory services.


Bard Real Estate director Boysen Mutembwa said the new owners who are well-equipped to provide the services had introduced the new business packages.


“Because most of us have internationally recognised expertise we have seen most international players coming to us for business,” said Mutembwa, who is also one of the owners.


Mutembwa said the company had also started advising some highly-reputable pension funds and property investors on the prospects and other technical issues in the sector.


BRE initially operated under the Bard Group of Companies that comprised Bard Stockbrokers, Bard Discount House, Bard Asset Management, Bard Treasury, Bard Unit Trusts and Bard Asset Management, prior to the merger with udc Holdings Ltd and FMB Holdings Ltd to create ABC Holdings in 2000.


Louis Taderera, BRE’s former managing director and Boysen Mutembwa, lead the consortium which bought the property company for an undisclosed figure.


Taderera is a holder of an MSc in real estate and a member of the Royal Institute of Chartered Surveyors. His experience in the business spans more than 25 years and is the past president of the Real Estate Institute of Zimbabwe.


Mutembwa is a holder of a Bachelor’s degree in property from the University of Auckland (New Zealand).


He also has an MSc in real estate and is a member of the Royal Institute of Chartered Surveyors. He is the secretary of the Royal Institute of Chartered Surveyors, Zimbabwe.