Property Analysis 2017-10-26T11:39:24+00:00

A diverse property portfolio

Real Estate Investments Zambia PLC has a diverse property portfolio in the main sectors of the economy - from retail to offices, to entertainment and industrial to financial sectors.

Below we analyse our properties by different analysis parameters:

Tenant Area (m2) %
Spar Zambia Limited 4,593 11.0%
Hansa Limited 2,100 5.0%
Ster-Kinekor Zambia Limited 1,663 4.0%
Mica Zambia Limited 1,300 3.1%
International Gaming Africa t/a Lusaka Royal Casino 1,000 2.4%
Intermarket Banking Corporation 952 2.3%
Deloitte & Touche 905 2.2%
Bell Equipment 820 2.0%
Kemach JCB Zambia Limited 820 2.0%
Elajics Ltd t/a Rhapsody’s 800 1.9%
BDO Zambia 784 1.9%
Elevolution Engenharia 746 1.8%
First National Bank Zambia Limited 738 1.8%
Platinum Mikes Kitchen Ltd t/a Mikes Kitchen 687 1.6%
Select Supplies Limited 645 1.5%
Omnilyne Limited 627 1.5%
GUD Filters Zambia Limited 627 1.5%
Other Tenants Under 600 m2 21,851 52.6%
TOTAL G.L.A. 41,657 100%
Property by Area Type Leasable Area (m2) Occupied Space % Occupied Vacant Space % Vacant
Arcades Shopping Centre Retail Mall 19,086 18,272 95.5% 814 4.3%
Central Park Office Park 9,034 8,451 93.5% 583 6.5%
Counting House Office Park 3,039 2,869 94.4% 170 5.6%
Abacus Square Office Park 1,821 1,821 100.0% 0.0%
Nyerere Road Office Park 1,518 746 49.1% 772 50.9%
Eureka Park Industrial Park 6,274 5,639 89.9% 635 10.1%
Dedan Kimathi Office Park 885 0.0% 885 100.0%
Parkway Undeveloped 0.0% 0.0%
Solwezi Undeveloped 0.0% 0.0%
TOTAL 41,657 37,798 90.7% 3,859 9.3%
Property Type Leasable Area (m2) Valuation (K’000) Valuation (US$) % of total
Arcades Shopping Centre Retail Mall 19,086 429,300 42,930,000 51.9%
Central Park Office Park 9,034 181,000 18,100,000 21.9%
Counting House Office Park 3,039 68,250 6,825,000 8.2%
Abacus Square Office Park 1,821 48,110 4,811,000 5.8%
Nyerere Road Office Park 1,518 26,500 2,650,000 3.2%
Eureka Park Industrial Park 6,274 44,000 4,400,000 5.3%
Dedan Kimathi Office Park 885 10,050 1,005,000 1.2%
Parkway Undeveloped 19,000 1,900,000 2.3%
Solwezi Undeveloped 1,100 110,000 0.1%
TOTAL 41,657 827,310 82,731,000 100%