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Stanlib Fahari I-REIT (FAHR.ke) 2016 Annual Report

first_imgStanlib Fahari I-REIT (FAHR.ke) listed on the Nairobi Securities Exchange under the Property sector has released it’s 2016 annual report.For more information about Stanlib Fahari I-REIT (FAHR.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Stanlib Fahari I-REIT (FAHR.ke) company page on AfricanFinancials.Document: Stanlib Fahari I-REIT (FAHR.ke)  2016 annual report.Company ProfileStanlib Fahari I-REIT is Kenya’s first Real Estate Investment Trust (REIT) providing investors with a steady income stream and capital growth. The fund invests at least 75% of its Total Asset Value (TAV) in real estate in strategic locations in Kenya. A maximum of 25% of its TAV is invested in cash investments and cash-like instruments. The Stanlib Fahari I-REIT is closed-ended, and its units are listed on the Nairobi Securities Exchange. I-REIT’s investment in the direct property allocation includes mixed-use developments, retail shopping centres, commercial offices, industrial warehouses and logistic operations, hospitality, residential, specialised buildings, schools, manufacturing facilities and hospitals. Stanlib Fahari I-REIT is a subsidiary of STANLIB, a pan-African multi-specialist investment company with a presence in 10 African countries. Stanlib Fahari I-REIT is listed on the Nairobi Securities Exchangelast_img read more