The Greenspan shopping mall in Nairobi In November 2015 the Nairobi Securities Exchange (NSE) listed its first real estate investment trust (REIT), the Stanlib Fahari I-REIT. The fund currently owns three properties in Nairobi – the Greenspan shopping mall and two mixed office and light industrial properties. It is now looking for additional investments. How we made it in Africa talks to Fahari’s CEO, Kenneth Masika, on introducing a new security to the market, as well as some of the opportunities he sees in Kenya’s property sector. Below are slightly edited extracts. Is the fund mostly focused on commercial property or is it also looking at residential? At the fund we’ve got a strategy where we want to create a diversified portfolio of quality assets, and so we are looking into the main sectors of property – that is retail , commercial, light industrial, hospitality , and residential. But what we are doing, to start with as we...
Aliko Dangote.
ReplyDeleteHe started business with a loan from his uncle .That is quite inspirational to me!
I go for Tony Elumelu,for his foundation .
ReplyDeleteDangote
ReplyDeleteSiza Mzimela. A great South African business guru.
ReplyDelete