During the offer period, the REIT Trustee received applications for redemption of 41,371,604 units, which represents a subscription rate of 113.08%.
The proposed Ksh402 million Real Estate Investment Trust transaction will allow IFIR’s non-professional Investors to redeem up to 36,585,134 units at a redemption...
Just like any other industry, the insurance sector is witnessing a seismic shift towards the adoption of new technologies
The deal gives ICEA a shortcut into REIT management business, which it had earlier planned to start from scratch.
Economists have scoffed at President Uhuru Kenyatta’s claims that the public debt that the Jubilee Administration has incurred has been used to expand...