Development Reit News Today

D-Reits are used by developers to source money for new projects, while I-Reits help in managing an already developed property for the purposes of getting an income.

D-Reits are used by developers to source money for new projects, while I-Reits help in managing an already developed property for the purposes of getting an income.

Waning investor confidence, restrictive regulatory regime and high listing costs are weighing down the schemes.

Eyes on CMA as Nairobi bourse remains shaky Monday March 15 2021 Summary The bond market has been ripped by scandals after investors lost their money in collapsed issuers and is now mostly trading government treasuries. In early 2020 the coronavirus pandemic hit stock prices, which fell with foreign investors exiting, sending the bourse to a multi-year low. Perhaps as a testament to its resolve amid the crisis, the Capital Markets Authority (CMA) has returned to the drawing board and now wants ...

THE STANDARD By Wainaina Wambu | January 14th 2021 at 10:10:23 GMT +0300 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 biggest challenges faced by the Reits was their limited presence. Th...