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.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | 11.00 | Price/Earning Ratio: | -- |
| Day's High Price: | 11.35 | Dividend Per Share: | 0.50 |
| Traded Volume: | 1,400 | Dividend Yield: | 4.81% |
| Number of Deals: | 3 | Shares Outstanding: | 180.97m |
| Value/Turnover: | 15,435.00 | Market Capitalization: | 1.88b |
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated
FAHR Market Performance
FAHR currently ranks 38th on the Nairobi Securities Exchange in terms of returns to investors with a year-to-date loss of 7.95%. Following FAHR are BRIT (-8.73%), KNRE (-8.89%), and LKL (-9.38%). Shareholders were, however, pleased that they had gained 4.81% on their investments when dividends were last paid to them by STANLIB Fahari Income REIT. Below is the historical trading trend of FAHR, covering up to the last 10 trading sessions of activity.
| Date | Volume | Open | Close | Change | %Change |
|---|---|---|---|---|---|
| 2017-05-25 | 1,400 | 11.00 | 11.00 | +0.40 | 3.77% |
| 2017-05-24 | 400 | 10.60 | 10.60 | +0.10 | 0.95% |
| 2017-05-23 | 2,600 | 10.50 | 10.50 | -0.05 | 0.47% |
| 2017-05-19 | 3,000 | 10.55 | 10.55 | +0.15 | 1.44% |
| 2017-05-18 | 4,000 | 10.40 | 10.40 | -0.60 | 5.45% |
| 2017-05-04 | 3,600 | 11.00 | 11.00 | +0.00 | 0.00% |
| 2017-05-03 | 4,600 | 10.65 | 11.00 | +0.35 | 3.29% |
| 2017-05-02 | 21,300 | 11.00 | 10.65 | -0.35 | 3.18% |
| 2017-04-28 | 1,500 | 11.00 | 11.00 | +0.00 | 0.00% |
| 2017-04-27 | 20,000 | 11.20 | 11.00 | -0.20 | 1.79% |
Profile of STANLIB Fahari Income REIT
STANLIB Fahari Income REIT operates in the Real Estate Investment Trust sector. The company's board of directors is composed of five members whose names are listed below.
- James Muratha
Managing Director - Joel Roimen
Chief Operating Officer - Ken Kaniu
Chief Investment Officer - Felix K. Gichaga
Head of Business Development, East Africa - Mary Mkauganga Mwangata
Risk and Compliance Officer
| Factsheet of STANLIB Fahari Income REIT | |
|---|---|
| Sector: Real Estate Investment Trust | Industry: - |
| Address: Liberty House 1st Floor, Nyerere Road, PO Box 30550-00100, Nairobi, Kenya | |
| Telephone: +254 (0) 711 076 111 | Facsimile: - |
| Email: customercare.kenya@stanlib.com | Website: www.stanlib.com |
