FAHR - Stanlib Fahari Income REIT
The STANLIB Fahari I-REIT is Kenya's first Real Estate Investment Trust (REIT). The fund aims to provide investors with a steady stream of income and capital growth by investing at least 75% of its total asset value in real estate in strategic locations within Kenya with a maximum of 25% invested in cash and cash-like instruments. STANLIB Kenya Limited officially launched in October 2013, after rebranding from Stanbic Investment Management Services. The company manages assets worth over KSH 121 billion (as at 31 December 2014). STANLIB Kenya is owned by Liberty Holdings who is the principal shareholder of Liberty Kenya Holdings Limited whose other local subsidiaries are Heritage Insurance and Liberty Life Assurance Limited.
Stanlib Fahari Income REIT is listed on the Nairobi Securities Exchange (NSE). Stanlib Fahari Income REIT is traded on the NSE under the ticker symbol “FAHR”. The International Securities Identification Number (ISIN) of NSE:FAHR is KE5000003656. Stanlib Fahari Income REIT is currently the 42nd most valuable stock on the NSE with a market capitalization of KES 1.17 billion, which is about 0.059% of the Nairobi Securities Exchange equity market.
|Last Trading Results|
|Day’s Low Price||6.48|
|Day’s High Price||6.52|
|Number of Deals||4|
|Growth & Valuation|
|Earnings Per Share||-0.68|
|Dividend Per Share|
FAHR Stock Market Performance
The current share price of Stanlib Fahari Income REIT (FAHR) is KES 6.48. FAHR closed its last trading day (Friday, November 25, 2022) at 6.48 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.9% gain over its previous closing price of 6.30 KES. Stanlib Fahari Income REIT began the year with a share price of 6.26 KES and has since gained 3.51% on that price valuation, ranking it 16th on the NSE in terms of year-to-date performance.
Stanlib Fahari Income REIT is the 23rd most traded stock on the Nairobi Securities Exchange over the past three months (Aug 26 - Nov 25, 2022). FAHR has traded a total volume of 1.66 million shares—in 453 deals—valued at KES 10.8 million over the period, with an average of 26,276 traded shares per session. A volume high of 1.03 million was achieved on August 30th for the same period. The table below details the last 10 trading days of activity of Stanlib Fahari Income REIT on the Nairobi Securities Exchange.
Profile of STANLIB Fahari Income REIT
STANLIB Fahari Income REIT operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of STANLIB Fahari Income REIT
- Real Estate
- Real Estate Investment Trust
- Liberty House 1st Floor, Nyerere Road, PO Box 30550-00100, Nairobi, Kenya