The distribution payment date for the ILAM Fahari I-Reit will be around the 30th April 2022. The Distribution payment will be KES 0.5 per unit.
Tag: XNAI_FAHR
ILAM FAHARI i-REIT: Annual General Meeting 2021
The 2021 Annual General Meeting for ILAM FAHARI i-REIT will be held on 16th April 2021 starting at 10.00am via electronic means
Property fund ILAM Fahari I-REIT records 16 pc fall in profits
Listed property fund ILAM Fahari I-REIT posted a 16 per cent fall in profit for the year ended December 2020 attributed to the revaluation of property on a year that also saw interruption from the Covid-19 pandemic. Net profit fell by Sh148 million compared to Sh175.2 million recorded the previous year. “The real estate market […]
ICEA-Lion Reit profit dips 16pc
Kenya banknotes. Listed property fund ILAM Fahari I-REIT posted a 16 per cent fall in profit for the year ended December 2020, attributed to the revaluation of property on a year hammered by the Covid-19 pandemic. This saw its net profit stand at Sh148 million compared to Sh175.2 million recorded the previous year. The firm’s […]
Property fund ILAM Fahari I-REIT records 16 pc fall in profits
Listed property fund ILAM Fahari I-REIT posted a 16 per cent fall in profit for the year ended December 2020 attributed to the revaluation of property on a year that also saw interruption from the Covid-19 pandemic. Net profit fell by Sh148 million compared to Sh175.2 million recorded the previous year. “The real estate market […]
NMG Tops The NSE With 9.89%, Kenya Re Comes Second
The Nation Media Group was the top gainer of the day at the Nairobi Securities Exchange (NSE) on Tuesday, March 2, 2020, with 9.89 percent at the price of 19.45 shillings per share. Kenya Re-Insurance was the second top gainer with 4.84 percent at the price of 2.60 shillings per share followed by Longhorn Publishers […]
Asset managers eye boost from investment trusts
Asset managers have welcomed the establishment of more real estate investments trusts (Reits) to deepen the housing sector. Reits are regulated property funds where investors pool cash and are able to earn profits from the incomes generated from the real estate investments. ICEA Lion Asset Management Chief Executive Einstein Kihanda said that one of the […]
Nairobi Stock Exchange pushes expansion plans with more listings in 2021, says CEO
By Charles Abuede East Africa largest bourse in talks with national treasury for the sale of more stakes in government-owned enterprises Read Also: The chief executive officer of the Nairobi Stock Exchange has revealed the plans of the exchange to expand the Kenyan market with four publicly traded firms in 2021 and many other corporate […]
Asset managers eye boost from investment trusts
Asset managers have welcomed the establishment of more real estate investments trusts (Reits) to deepen the housing sector. Reits are regulated property funds where investors pool cash and are able to earn profits from the incomes generated from the real estate investments. ICEA Lion Asset Management Chief Executive Einstein Kihanda said that one of the […]
Here Are The Top 5 Movers, Gainers And Losers At The NSE On Monday
November, Monday 2, 2020: Safaricom was the top mover of the day after moving 7.89 million shares at a market capitalization of 1.25 trillion followed by Bamburi Cement with 1.78 million shares at a market capitalization of 8.28 billion shillings. Equity Group moved 1.09million shares at a market capitalization of 125.85 billion shillings while East […]
