Stanlib Fahari Income-REIT (FAHR)

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8.28
Previous
8.26   0.02 (0.24%)
End of day - Oct 14, 2019
8.268.26
Intra-day Range
1,200
Volume
9,912
Turnover
6.8811.20
52-week Range
 
Sector:Real Estate Investment TrustsShares Issued:625.00MMarket Cap.:-
Segment:Real Estate Investment TrustsAvg. Vol. (1m):6,335BETA (^NASI)-0.69366
Year End:December 31Dividend/Share:-Earnings/Share:-
Par Value:0.00 (Income REIT) PE Ratio:-Dividend Yield:%
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About Stanlib Fahari Income-REIT

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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