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Market players push for law change to spur uptake of Reits

President William Ruto during the bell-ringing ceremony to mark the listing of Laptrust Imara I-reit on the Nairobi Securities Exchange. [Hiram Omondi, PCS]

Players in the Real Estate Investment Trusts (Reits) market have proposed relaxing regulations that require a trustee to have a minimum paid-up capital of Sh100 million as one of the ways of driving up the uptake of the investment vehicle.

Reits are specially designed investment vehicle which allows one to earn from real estate but without the capital intensity that comes with it.

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