Stanlib Fahari I-reit 2023 Annual Report

Stanlib Fahari I-REIT (FAHR.ke) 2023 Annual Report

By Published On: April 4, 2024TYPE: Annual ReportsYear: 2023Period: Country: KenyaSector: Property

Stanlib Fahari I-REIT (FAHR.ke) listed on the Nairobi Securities Exchange under the Property sector has released its 2023 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.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Stanlib Fahari I-REIT (FAHR.ke) in the past 12 months, as of 5th February 2024, is US$1.65M (KES240.25M). An average of US$137.82K (KES20.02M) per month.

Stanlib Fahari I-REIT 2023 annual report

Company Profile

Stanlib 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 Exchange