Stanlib Fahari Income-REIT (FAHR) Realtime Stock Quote

Sector: Real Estate Investment Trusts
Real Estate Investment Trusts

KES 0

End of day - Feb 09, 2024

Price Information

RANGE
Previous:	0	Open:	0
Average:	0	Deals:	0
Volume:	0	Turnover:	0
Day:	0 - 0	52-week:	5.68 - 5.68

Other Information

Average Volume:	11,610
BETA:	0.93
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.