Stanlib Fahari Income-REIT (FAHR) Realtime Stock Quote

Sector: Real Estate Investment Trusts
Real Estate Investment Trusts
KES 6.40   0.32 (5.26%)
End of day - Jul 06, 2020

Price Information

Stanlib Fahari Income-REIT
Previous:6.08Open:6.40
Average:6.40Deals:5
Volume:6,700Turnover:42,880
RANGE
Day: 6.40 - 6.4052-week: 5.50 - 10.00

Other Information

Average Volume:6,335
BETA:-0.69
Shares Issued:625.00M
Year End:December 31
Par Value:-

Profile

The STANLIB Fahari I-REIT is Kenya’s first Real Estate Investment Trust (REIT). The Fund aims to provide investors with a steady stream of income and capital growth by investing at least 75% of its Total Asset Value (“TAV”) in real estate in strategic locations within Kenya with a maximum of 25% invested in cash investments or cash-like instruments. The STANLIB Fahari I-REIT is closed-ended and its units are listed on the Nairobi Securities Exchange. Of the Direct Property allocation, the I-REIT will invest as per the permitted sectors including: Mixed Use Developments, Retail (Shopping Centers), Commercial (Offices), Industrial ( Warehousing and Logistics), Hospitality, Residential, Specialized Buildings, Schools, Manufacturing Facilities and Hospitals. 

 
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