Acorn Student Accommodation Reits doubles dividend payout
This is despite a profit drop to Sh765 million from Sh1.4 billion.
Source: the-star.co.ke
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Student hostel profits slightly down in H1,2023
Firm attributed the performance to the prevailing market conditions
Source: the-star.co.ke
Asset managers eye boost from investment trusts
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. The company last year took over the management of Kenya’s only listed property fund, the Stanlib Fah...
Source: standardmedia.co.ke