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

Stanlib Fahari Income-REIT (FAHR)

  
End of day - Apr 26, 2017
11.20
+0.20 (+1.82%)
11.00
Previous
11.20   +0.20 (+1.82%)
End of day - Apr 26, 2017
11.20
High
11.20
Low
2,000
Volume
22,400.00
Turnover
10.00 - 22.75
52-week Range
 
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Corporate Actions Outlook

Payment of KES 0.50 first and final dividend Apr 30 2017
Book closure KES 0.50 first and final dividend Mar 31 2017
Announced a KES 0.50 first and final dividend Mar 24 2017

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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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