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

Stanlib Fahari Income-REIT (FAHR)

  
End of day - Oct 19, 2017
10.35
 
10.35
Previous
10.35    
End of day - Oct 19, 2017
10.50
High
10.35
Low
1,900
Volume
19,680.00
Turnover
10.00 - 14.25
52-week Range
 
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Corporate Actions Outlook

Payment of KES 0.50 first and final dividend Apr 30 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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