Performance overview In 2018, the real estate market in Zambia was highly competitive with the development of real estate properties continuing to record steady remarkable increases. Despite the increase in the value of property in Zambia the market has continued to put pressure on existing properties as demand in the near term is lagging supply. […]
The gold that glitters in the property market has quickly faded as REIZ reported an 88.8 % fall in profit after tax for the 2018 financial year. The company reported the sharpest fall in revenue in over 5 years following a period that has seen it invest organically in premium real estate in Zambia. Investment […]
It may have been 6 months ago that Real Estates Investment Zambia Plc posted its half year performance on SENS, but it is important for us to prepare for the final year results as the real estate Group closed off what was a challenging year for companies in their sector. A glance at half year […]
In 1950, the People’s Republic of China published a land reform law on June 30th, 1950. Land expropriation and reallocation was a pivotal tool to fight the unequal distribution of wealth. Land was redistributed among all the classes of the people. This paved the way for China’s rise to a industrialized super power. The reform […]
CEO Sydney Popota is getting ready for an AGM to remember. According to SENS Announcement issued on 06 March 2018, for the year ended 31 December 2017, the basic earnings per share for REIZ are expected to be 219% higher than the basic earnings per share for the year ended 31 December 2016. In short, […]
As many Zambian businesses took rest during the festive season to recharge their batteries for 2018, one player on LuSE was conferring with Father Christmas on how best to gift its shareholders. Seriously though, in line with their business strategy of having a diverse portfolio, REIZ spent its “down time” consolidating its position as leader […]
In the past, when one fathomed the thought of retirement in Zambia it was inevitable to recite the idiom from American poet Robert Frost, who once wrote, ‘some say the world will end in fire, some say in ice. From what I have tasted of desire, I hold with those who favor fire.’ The life […]
On nine eleven 2017, REIZ published its half year results. The company is enjoying pursing ubiquitous projects in some of the provincial capitals of Zambia. Although at half year in 2017 they are currently 53% less than where they were in the previous year (earnings wise), rental income only dropped by 5.85%. This was largely […]
Zambians love construction. Wherever you find men and women of means, they are always proud to speak about their construction projects. It’s become a favorite pastime for many with some looking at their projects as a means of “saving money”. However, what is interesting with the construction landscape is the diversity of projects that have […]
When Hyprop Investments Limited bought Manda Hill in 2013,they believed they had landed themselves a gem. With two anchor stores in Game and Shoprite, Manda Hill was the quintessential mall of choice for any retailer who wanted to tap into the gold of the 40,561 sq meters on offer. With 109 stores and 1434 parking […]
Real Estate
