REIZ Plc completes US$65mn acquisition of Zambia malls

Real Estate Investments Zambia (REIZ) Plc, the sole real estate company listed on the Lusaka Securities Exchange (LuSE), has announced the acquisition of three shopping malls for a sum total of US$65mn. The deal is part of a corporate restructure which aims to create Zambia's first real estate investment trust (REIT).