The US dollar listed REIZ dominates the price gain by 20% on LuSE.

The only US dollar listed Real Estate […]

The only US dollar listed Real Estate Investment Zambia PLC REIZ on the Lusaka Securities Exchange (LSE) has dominated price gain for 2 consecutive weeks, with recent reports indicating a price increase of K0.38.

According to data from the Stockbrokers Zambia weekly report for the Market period ended 7 August, 2026 REIZ was the lead price gainer on the exchange recording an increase of K0.38 ($0.02) which is roughly 20.00% with price closing at K2.27 ($0.12).

 Further, REIT Real Estate USD under the same period under review had 228 units traded with a market turnover of $28 (K523).

Earlier, Zambia Business Times- ZBT reported on the market period ended 24, July REIZ was the was the lead price gainer on the exchange recording an increase of K0.18 (USD 0.01) or roughly 11.11% to closing with a price at K1.84 (USD 0.10).

According to a broker whose name remains withheld, REIZ has positive performance due to the company’s interest in acquiring East Park Mall. The broker told Zambian Business Times (ZBT) that REIZ buying already developed properties gives the company an advantage, especially now that the company is currently working around buying one of Lusaka’s finest shopping malls (EAST Park).

“The nature of REIZ is that they buy already develop properties which gives them an advantage and that why you seeing the company performing positively and they are currently trying to buy East Park, because they are individuals who are interested and obviously when there is that interest you get to see a movement in terms of their price,” she added.

By Justine Phiri