×
The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Nairobi Securities Exchange expects to list two new real estate investment trusts (REITs) in the first quarter of 2016 after the first was launched last week, the chief executive of Kenya’s bourse said on Friday.
Geoffrey Odundo told Reuters that the listing of Kenya’s first REIT on November 27 would encourage others to follow, offering retail investors a new vehicle on the bourse to invest in East African nation’s booming property sector. “We are certain there will be an increased level of interest (in REITs),” Odundo said.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join