Business
REIZ leads LuSE share price gains at 85%
According to the Stock Brokers Zambia Weekly
Picture: Zambian Business Times
According to the Stock Brokers Zambia Weekly Equity and Economic Report for the market period ended 3rd October, 2026, the Real Estate Investment Trust REIZ was the lead price gainer on the Lusaka Securities Exchange (LUS) with a price increase of K1.2 ($0.06), or roughly 85.71%.
The report seen by the Zambian Business Times-ZBT shows that the REIZ opening share price for the market period stood at $0.07 (K1.37) and closed at $0.13 (K2.55) per unit.
Further, REIT Real Estate, listed in US dollars, recorded a turnover of 1,732 US dollars (K33,995). However, licensed dealer representative Verdricah Langazye has attributed the share price increase in REIZ to the company’s recent announcement of a $0.00289 dividend and increased demand in the stock.
Speaking in an interview with Zambian Business Times-ZBT, Langazye revealed that the increase in demand has led to the upward movement that has been seen in the company’s share price.
“REIZ recently announced a dividend; at the same time, the increase in demand for the REIZ stock has contributed to the upward movement in the stock, making the share gain by 85%.”
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Observed Langazye. Additionally, she said the company’s intent in acquiring a 51% stake in East Park can also be considered as a major factor.
Real Estate Investment Zambia has a total property portfolio valued at $107.6 million with 95,285 square meters of rentable space.
Artivcle by Justine Phiri
Source: Zambian Business Times — Read more
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