25% increase in REIZ shares on LuSE linked to planned $46M East Park Mall Acquisition

The US dollar listed Real Estate Investment […]

The US dollar listed Real Estate Investment Zambia Plc REIZ has continued to perform positively on the Lusaka Securities Exchange LuSE, with the equity’s share price continuously recording gains. According to the Stockbrokers Zambia weekly equity economic report for the market period ended 14th August, 2026, REIZ is reported to have continued to be the lead price gainer for three consecutive weeks recording an increase of about 25% which is an increase from 20% recorded in the previous market period.

Some experts in the financial space have attributed the upward movement in REIZ share price due to the equity being in the process to acquire 51% stake in East Park Mall valued at about $46.41 million of which shareholders approved the acquisition during the Annual General Meeting and the transaction is expected to be finalized once other criteria are met.

A licensed Dealer’s representative by the Securities and Exchange Commission SEC Vedricah Langazye has disclosed various factors contributing to the upward movement of REIZ share price on the exchange.

 Speaking in an interview with Zambian Business Times-ZBT, Langazye noted that REIZ 51% corporate transaction or property acquisition of EAST Park to be among the key factors driving a positive movement in the equity’s price.

“REIZ being in the process to acquire 51% star in East Park is one of the factors contributing to price increase on LuSE and from 2025 to 2026, REIZ revenue has doubled and that is due to rental income coming from Arcades based on the renovations which was recently done,” she noted.

She also mentioned that higher distribution of dividends by REIZ to shareholder leading to increased transactions of investors wanting to buy a share in the equity “The last payout In terms of dividends, REIZ recorded an increase of about 100% from the last dividend payment of last year to this year’s payment as really contributed because why normally happens is that, when a dividend has been declared their a lot of transactions that goes into the buying of the stock, because a lot of individuals want to own a share in the company and take part in the distribution of dividends,” said Langazye.

 She also mentioned liquidity in terms of supply and demand in REIZ driving upward movement considering that LuSE reported on REIZ accounting for about 90% of transactions on the exchange.

“Supply and demand on the market comes into play, when there are alot of transactions taking place and alot of investors wanting to buy in a particular stock and due to the demand drives the price movement, because about 90% of transactions in quarter 2 of the LuSE report were coming from REIZ and hence the upward movement in terms of the stock price,” said Langazye.