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Stanlib Fahari Income-REIT (FAHR) Realtime Stock Quote | Nairobi Securities Exchange | myStocks

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Stanlib Fahari Income-REIT (FAHR)

  
End of day - Nov 24, 2017
11.20
 
11.20
Previous
11.20    
End of day - Nov 24, 2017
11.30
High
11.20
Low
15,200
Volume
170,815.00
Turnover
9.50 - 14.15
52-week Range
 
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Brief Company Profile

Market Segment: Real Estate Investment Trusts
Sector: Real Estate Investment Trusts

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. 

Jan 16, 2017
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