Kenya's Fahari Real Estate Investment Trust joins Nairobi Securities Exchange's Unquoted Securities Platform after restructuring as a restricted I-Reit.

Kenya's ICEA Lion Asset Manager's Fahari Real Estate Investment Trust (Reit) is now part of Nairobi Securities Exchange's Unquoted Securities Platform (USP) after restructuring. The company converted from an unrestricted to a restricted I-Reit, enabling it to grow, reduce costs, and attract investment. ILAM's CEO plans to double the portfolio value from Sh3.5 billion to Sh7 billion in three years through acquiring prime assets.

July 10, 2024
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