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New Tanzania Real Estate Investment Trust Launched

February 23, 2015
1 minute read

The Capital Markets and Securities Authority (CMSA) of Tanzania has recently approved the Watumishi Housing Company Real Estate Investment Trust (WHC-REIT), with an initial founding of TZS 68 billion.

WHC-REIT was created to help filling the gap for public servants’ housing, for which demand is strong in Tanzania.

As such WHC-REIT is the first real investment trust in East Africa to mobilise resources for construction of houses for low and medium income earners, according to its CEO and fund manger Dr Fred Msemwa.

Tanzania Investment Guide 2026 Free Edition

Until now WHC-REIT was currently owned by shareholders of Watumishi Housing Company (WHC) and hence they was not tradable at the Dar-Es-salaam Stock Exchange (DSE).

By trading at DSE where the general public will be able to invest in REIT by buying and selling units in the same manner they can buy and shares.

The real estate unit trust expected to grow gradually to TZS 358 billion in the next five years.

Want to know more about Real Estate in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Real Estate, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

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Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free