About the STANLIB Fahari I-REIT

An Income-REIT is a real estate investment scheme which owns and manages income generating real estate for the benefit of its investors. Distributions to investors are underpinned by commercial leases. This means that income returns are predictable and generally less volatile. The I-REIT provides an instrument for investing in the real estate market which offers both liquidity and a stable income stream.

The STANLIB Fahari I-REIT is closed-ended and its units are listed on the Nairobi Securities Exchange. Consequently, the market price of the Units is market driven and may not necessarily be equal to the Net Asset Value of the STANLIB Fahari I-REIT. However, the I-REIT Scheme may undertake secondary offers as and when the need arises. Prospective investors should note that there is currently no active secondary market for a REIT in Kenya.

Objective
The STANLIB Fahari I-REIT aims to provide consistent income and capital growth in the long-term. Our active management approach targets quality physical properties within carefully chosen economically growing nodes.

Diversification
Property is not correlated with other asset classes. Investing in property may improve a portfolio’s risk return profile.

No Taxes
The income earned through the income REIT is tax free!

Transparent investment vehicle
Investors are able to understand exactly what you’re invested in. From the actual assets, costs and returns.

Accessibility
An I-REIT can more easily be bough or sold. Investors do not have to deal with the complexity of selling a physical property.

Liquidity
The STANLIB Fahari I-REIT will be listed on the Kenyan NSE therefore creating a secondary market for I-REIT shares.

Returns
The STANLIB Fahari I-REIT will benefit from underlying properties’ Capital Gains and Rental Income. Giving investors exposure to a consistent return profile in the long-term.

Regulatory Oversight
The STANLIB Fahari I-REIT has been approved and will be monitored by the Kenyan Capital Markets Authority (CMA).

Investable Universe
Of the Direct Property allocation, the I-REIT will invest as per the permitted sectors including:

  • Mixed-use developments
  • Retail (shopping centres)
  • Commercial (offices)
  • Industrial (warehousing and logistics)
  • Hospitality (i.e. hotels and resorts)
  • Residential
  • Specialized buildings (i.e. student accommodation, schools, manufacturing facilities, hospitals)

News & Updates

  • Real estate investment treads in profit announcement

    24.03.2017, NTV

    The Stanlib Fahari Real Estate Investment Trust has a posted a return of Ksh106 million for its first13 months of operations...

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  • Stanlib Fahari-Reit post Ksh108M

    24.03.2017, K24

    Stanlib Fahari-Reit has posted Ksh108M net profit for the year that ended in December 2016...

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  • Stanlib Fahari records 1.2M dollars in earning

    24.03.2017, CNBC Africa

    Nairobi listed Stanlib Fahari I-Reit has posted 1.2 million dollars in earnings for the full year to December 2016, the profit was boosted by 3.3 million dollars in revenues...

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  • Stanlib Fahari I-REIT post Ksh 106 million net profit

    24.03.2017, Classic 105

    Kenya's first real estate trust fund,Stanlib Fahari I-REIT has recorded Sh106 million in net profit for the year ended 2016...

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  • Stanlib Fahari I-REI post Ksh 108 million net profit

    24.03.2017, Capital FM

    Kenya's first real estate trust fund,Stanlib Fahari I-REIT has recorded Sh108 million in net profit for the year ended 2016...

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  • Faharl I-REIT posts Sh106m net profit in 13 months following 2015 NSE listing

    25.03.2017, The Star

    Stanllb- owned Fahari I- Reit reported on Friday net profit for 13 months through December 2016 reached Sh106 million following Its listing on the Nairobi Securities Exchange In November 2015...

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  • Fahari real estate fund plans to raise Sh9bn in cash call

    27.03.2017, Business Daily

    Real estate fund Stanlib Fahari I-Reit plans to raise Sh9 billion later this year from current and new investors to fund the purchase of more propertie...

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  • Stanlib Fahari records 1.2M dollars in earnings

    24.03.2017, CNBC

    Nairobi listed Stanlib Fahari I-Reit has posted 1.2 million dollars in earnings for the full year to December 2016, the profit was boosted by 3.3 million dollars in revenues...

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Issued press releases