Bay Holdings
| Property | Bay Holdings |
| Type | Semi office and light industrial |
| Location | Junction of Bamburi Road and Enterprise Road, Industrial Area, Nairobi |
| Description | Office property located along a main road within the main Industrial Area of Nairobi. The property is currently fully let |
| Escalation Rates | 12.5% every 2 years |
| Lettable Space (Square Foot) | 33,265 |
| Tenanted | 100% |
News & Updates
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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...
Issued press releases
New Acting CEO Appointment
Tuesday 3rd July 2018, Nairobi: The Board of Directors of STANLIB Kenya Limited (STANLIB) has today announced the appointment of Ms. Nozipho Makhoba as the Acting Chief Executive Officer of the STANLIB Fahari I-REIT (Fahari-I-REIT) effective 1st July 2018. Nozipho replaces Mr. Kenneth Masika whose contract came to an end on 30th June 2018.
STANLIB’s Fahari I - REIT records 6. 5 per cent half year return, on course to deliver full year distributions
Nairobi, August 15, 2016...STANLIB’s Fahari I-REIT has registered an impressive 6.5 per cent interim half year return following its successful listing on the Nairobi Securities Exchange (NSE) last year.
STANLIB Fahari I - REIT delivers a net profit of Ksh 106 million and maintains a Net Asset Value of KSh 19.81 per unit
STANLIB Fahari I - REIT has returned a net profit of Ksh.106 million, in the its inaugural 13 months ended 31st December 2016, since its successful listing at the Nairobi Securities Exchange.
