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HomeReal EstateZambia’s REIT market hits US$79.5 Million, surpassing 2031 growth target

Zambia’s REIT market hits US$79.5 Million, surpassing 2031 growth target

Zambia’s listed real estate investment trust (REIT) market recorded significant growth in the first quarter of 2026, with the value of Real Estate Investments Zambia Plc (REIZ) on the Lusaka Securities Exchange (LuSE) rising to approximately US$79.58 million, representing a 13.68% increase and already surpassing the company’s long-term 2031 market capitalization target of US$20 million. The strong performance shows growing momentum within Zambia’s formal property investment market as institutional investors increasingly turn to real estate as a stable long-term asset class amid changing market conditions. McBright Africa Real Estate Executive Director Sonny Mwila Mulenga has attributed the growth to strategic...

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