African Stock Exchanges

FAHR - ILAM Fahari I-REIT

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FAHR share price on Nairobi Securities ExchangeFAHR share price on Nairobi Securities Exchange

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.

ILAM Fahari I-REIT is listed on the Nairobi Securities Exchange (NSE). ILAM Fahari I-REIT is traded on the NSE under the ticker symbol “FAHR”. The International Securities Identification Number (ISIN) of NSE:FAHR is KE5000003656. ILAM Fahari I-REIT is currently the 43rd most valuable stock on the NSE with a market capitalization of KES 1.03 billion, which is about 0.07% of the Nairobi Securities Exchange equity market.

FAHR5.68 ▪ 0.00
Yesterday
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding181M
Market Capitalization1.03B
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated

FAHR Stock Market Performance

1WK4WK3MO
-9.27%-5.02%
6MO1YRYTD
-6.58%-8.97%-9.84%

The current share price of ILAM Fahari I-REIT (FAHR) is KES 5.68. FAHR closed its last trading day (Friday, February 9, 2024) at 5.68 KES per share on the Nairobi Securities Exchange (NSE), recording a 5.6% drop from its previous closing price of 6.02 KES. ILAM Fahari I-REIT began the year with a share price of 6.30 KES but has since lost 9.84% off that price valuation, ranking it 57th on the NSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that FAHR has lost 9% of the stock’s value from January 29th to date.

ILAM Fahari I-REIT is the 33rd most traded stock on the Nairobi Securities Exchange over the past three months (Nov 24, 2023 - Feb 26, 2024). FAHR has traded a total volume of 405,500 shares valued at KES 2.48 million over the period, with an average of 6,437 traded shares per session. A volume high of 73,500 was achieved on February 9th for the same period. The table below details the last 10 trading days of activity of ILAM Fahari I-REIT on the Nairobi Securities Exchange.

DateVolumeCloseChangeChange%
2024-02-0973,5005.68-0.34-5.65%
2024-02-0822,4006.02-0.32-5.05%
2024-02-0746,7006.34+0.02+0.32%
2024-02-0627,7006.32-0.28-4.24%
2024-02-054,7006.60+0.56+9.27%
2024-02-021,1006.04-0.48-7.36%
2024-02-015006.52+0.06+0.93%
2024-01-314,9006.46-0.06-0.92%
2024-01-3011,0006.52+0.26+4.15%
2024-01-291,3006.26

Profile of ICEA LION Asset Management Ltd

ICEA LION Asset Management Ltd operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.

Factsheet of ICEA LION Asset Management Ltd

Sector
Real Estate
Industry
Real Estate Investment Trust
Address
ICEA LION Centre, Riverside Park, Chiromo Road, Westlands, P.O. Box 46143-00100, Nairobi, Kenya
Telephone
+254-20-2750-000, +254-719-071-000, +254-730-151-000

FAHR Industrial Market Competitors

ICEA LION Asset Management Ltd, issuers of the FAHR stock on the Nairobi Securities Exchange, have one market competitor who is also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
LAPRLaptrust Imara Income-REIT6.92B20.00

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments

  1. WakandaWakanda
    Nov 25, 2022 15:16 GMT

    This investment instrument is currently at over 60% inception to date loss. I just hope that one day the stakeholders will streamline the challenges therein the Kenyan REIT market so that investors can be satisfied.

    1. NatashaNatasha
      Nov 25, 2022 15:20 GMT

      What are the main challenges leading to this poor performance?

  2. MonicaMonica
    Feb 24, 2022 16:34 GMT

    You mean they pay dividends? I have never received even a cent not once.

  3. LucyLucy
    Oct 14, 2019 08:24 GMT

    I've traded in shares but this one......I don't understand....I need smone to communicate .....am lost....frustrations every day

  4. HaneHane
    Sep 30, 2019 13:15 GMT

    This is unwise decision I ever made. The share price has really gone down over the years.

    1. RogerRoger
      Apr 6, 2021 03:44 GMT

      Did they pay? Would you still invest in them?

  5. SOLOMONSOLOMON
    Jan 10, 2017 09:24 GMT

    Stanlib is very poor when it comes to communication,i have called the reception several times,they don't pick up calls neither do they reply to my emails,WHEN ARE YOU PAYING US DIVIDENDS?

  6. KHADIJAKHADIJA
    Nov 1, 2016 09:32 GMT

    When will the first dividends be paid

  7. GeorgeGeorge
    Oct 21, 2016 11:54 GMT

    When shall we expect this year first dividends, having in mind the year is coming to the end.

  8. ElishaElisha
    Aug 19, 2016 17:53 GMT

    Fahari seems to be quiet on dividends any updates on when they're paying?

  9. KibetKibet
    Aug 9, 2016 05:06 GMT

    When are the dividends being paid considering they are to be paid semi-annualy

  10. BobBob
    Aug 2, 2016 19:42 GMT

    Have they (fahari) paid dividends yet?

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