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 […]
With national growth projected at between 3-4%in 2017, REIZ will be pursing premium offerings on their property and a continued strategy of operating cost reduction. However, competition in the industry is becoming bloody with new players on the retail and commercial office space market. Off note are the projects on the “golden mile” signaling multiple […]
Real Estate Investments Zambia PLC (REIZ, of the Farmers House fame) has a plethora of properties that has ensured a bottom-line that is impressive amidst numerous headwinds in the macro environment that range from a devaluing currency, an inflation jump from 7% to 21.1%, and depreciated growth in the economy. Kenny Makula its Chairman, remains […]
The operations component of any entity that seeks to create and sustain value is the vital organ that can either allow a firm to succeed or fail. Real Estate Investments made the bold decision in 2015 to restructure the group’s operations and those changes according to its management are beginning to bear fruit. Interim results […]
Real Estate
