REIZ - Real Estate Investments Zambia Plc
Real Estate Investments Zambia Plc, formerly called Farmers House Plc, is a leading real estate company in Zambia involved in investment, development and restructuring of commercial and non-commercial property for letting. The company, which began as a farmers’ co-operative in the 1920s, was incorporated in 1981 to hold all the real estate assets of the union. Since then, the company has become solely a real estate investment vehicle, eventually getting listed as only the second company on the Lusaka Stock Exchange in 1996. Real Estate Investments Zambia owns over 50,000m² of prime property in Lusaka including the Central Park, Arcades Entertainment and Retail Centre, Dedan Kimathi Road Office, Eureka Park, Abacus Square, and Counting House Square. REIZ, as part of its core mission, seeks to provide a reputable and informed entry point for investors into the premium but diversified Zambian real estate sector.
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|Number of Deals:||0||Shares Outstanding:||56.46m|
REIZ Stock Market Performance
The current share price of Real Estate Investments Zambia Plc (REIZ) is ZMW 1.50. The REIZ stock closed its last trading day (Thursday, October 15, 2020) at 1.50 ZMW per share on the Lusaka Stock Exchange, recording a 20.63% drop from its previous closing price of 1.89 ZMW. REIZ began the year with a share price of 4.49 ZMW but has since lost 66.59% off that price valuation, ranking it 30th on the LuSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that REIZ has lost 40.24% of the stock's value from September 29 to date. The table below details the last 10 trading days of activity of Real Estate Investments Zambia Plc on the Lusaka Stock Exchange.
Profile of Real Estate Investments Zambia Plc
Real Estate Investments Zambia Plc operates in the Financials sector, specifically, the Real Estate Investment industry. The company's board of directors, chaired by Kenny H. Makala, is composed of eight members whose names are listed below.
- Makala, Kenny H.
- Hantuba, Munakupya
- O'Donnell, Mark
- O'Donnell, Efterpi
- Kayumba, Banja M.
- Nkumbula, Elizabeth Lungu
- Namanje, Review
- Njovu, Jacob M.
|Factsheet of Real Estate Investments Zambia Plc|
Real Estate Investment
Central Park, Cairo Road, Lusaka, Zambia
+260-211-227-684, +260-211-227-685, +260-211-227-686
REIZ Industrial Market Competitors
Real Estate Investments Zambia Plc, issuers of the REIZ stock on the Lusaka Stock Exchange, have six market competitors who are also engaged in the Financials sector and/or the Real Estate Investment industry. The table below gives you an overview of their market standing.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|ZNCO||Zambia National Commercial Bank||721.88m||0.50||+0.00%|
|CCHZ||Cavmont Capital Holdings||228.09m||2.00||+0.00%|
|MAFS||Madison Financial Services||144.00m||2.88||+0.00%|
|SCBL||Standard Chartered Bank||2.48b||1.49||-8.59%|