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.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 56.5M |
| Market Capitalization | 70.6M |
REIZ Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +25% |
| 6MO | 1YR | YTD |
|---|---|---|
| +136% | -62.6% | +221% |
The current share price of Real Estate Investments Zambia Plc (REIZ) is ZMW 1.25. REIZ closed its last trading day (Tuesday, September 14, 2021) at 1.25 ZMW per share on the Lusaka Stock Exchange (LuSE). Real Estate began the year with a share price of 0.39 ZMW and has since gained 221% on that price valuation, ranking it second on the LuSE in terms of year-to-date performance.
Real Estate Investments Zambia is the fourth most traded stock on the Lusaka Stock Exchange over the past three months (Jun 11 - Sep 21, 2021). REIZ has traded a total volume of 5.1 million shares—in 45 deals—valued at ZMW 5.62 million over the period, with an average of 80,962 traded shares per session. A volume high of 1.01 million was achieved on July 1st for the same period. The table below details the last 10 trading days of activity of Real Estate Investments Zambia on the Lusaka Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-09-14 | 3,717 | 1.25 | ||
| 2021-09-01 | 500,000 | 1.25 | ||
| 2021-08-23 | 1,000,000 | 1.25 | ||
| 2021-08-19 | 549,552 | 1.25 | ||
| 2021-08-18 | 10,400 | 1.25 | ||
| 2021-08-04 | 1,599 | 1.25 | +0.25 | +25.00% |
| 2021-07-22 | 1,000,500 | 1.00 | ||
| 2021-07-14 | 1,000,000 | 1.00 | -0.15 | -13.04% |
| 2021-07-13 | 13,000 | 1.15 | ||
| 2021-07-12 | 523 | 1.15 |
Profile of Real Estate Investments Zambia Plc
Real Estate Investments Zambia Plc was founded on January 1, 1981 and 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.
Non-Executive Chairman - Hantuba, Munakupya
Non-Executive Director - O'Donnell, Mark
Non-Executive Director - O'Donnell, Efterpi
Non-Executive Director - Kayumba, Banja M.
Non-Executive Director - Nkumbula, Elizabeth Lungu
Non-Executive Director - Namanje, Review
Non-Executive Director - Njovu, Jacob M.
Non-Executive Director
| Factsheet of Real Estate Investments Zambia Plc | |
|---|---|
| Sector: Financials | Industry: Real Estate Investment |
| Address: Central Park, Cairo Road, Lusaka, Zambia | |
| Telephone: +260-211-227-684, +260-211-227-685, +260-211-227-686 | |
| Email: info@zambian-property.com | Website: reiz.co.zm |
REIZ Industrial Market Competitors
Real Estate Investments Zambia Plc, issuers of the REIZ stock on the Lusaka Stock Exchange, have five market competitors who are also engaged in the Financials sector and/or Real Estate Investment industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ZNCO | Zambia National Commercial Bank | 1.37B | 0.95 | +102% |
| INVE | Investrust Bank | 122M | 15.00 | +25% |
| MAFS | Madison Financial Services | 144M | 2.88 | |
| ZMRE | Zambia Reinsurance | 84M | 2.80 | |
| SCBL | Standard Chartered Bank | 1.95B | 1.17 | -16.4% |
