Stanlib Fahari Income-REIT (FAHR) Realtime Stock Quote | Nairobi Securities Exchange | myStocks
|
Stanlib Fahari Income-REIT (FAHR) |
End of day - Feb 09, 2024
5.68
-0.34 (-5.65%)
|
6.02
Previous
|
5.68 -0.34 (-5.65%)
End of day - Feb 09, 2024
| 6.02 High
| 5.42 Low
| 73,500 Volume
| 418,080.00 Turnover
|
5.38 - 7.82
52-week Range
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Mon | Tue | Wed | Thu | Fri | Sat | Sun |
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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.
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