This is a list of authorized Real Estate Investment Trusts (REITs) in Kenya. A Real Estate Investment Trust (REIT) is a regulated company that owns and manages real estate properties and allows people to invest in them. The Capital Markets Authority (CMA) is the regulatory body in charge of licensing and regulating REITs in Kenya.
When you invest in a REIT, you become a shareholder and earn money through dividends, which are a portion of the profits generated by the properties owned by the trust. REITs allow individuals to invest in real estate without owning or managing the properties.
Three main types of REITs In Kenya:
- Development Real Estate Investment Trusts (D-REITs): This is a type of REIT in which investors pool their capital together to acquire real estate to undertake development and construction projects and associated activities.
- Income Real Estate Investment Trusts (I-REITs): This type of REIT focuses primarily on generating income from real estate properties such as office buildings, shopping centres, apartments, hotels, or industrial complexes. Their primary goal is to generate a steady stream of income for investors through rental payments or lease agreements.
- Islamic Real Estate Investment Trusts: These REITs only undertake Shari’ah-compliant activities.
List Of Authorized Real Estate Investment Trusts (REITs) In Kenya
REIT | Contacts |
Acorn Development Real Estate Investment Trust (Acorn D-REIT) | Location: Acorn House, 97 James Gichuru Road, Lavington, Nairobi
Contacts: 020 259 2671, 020 259 2672 |
Acorn Income Real Estate Investment Trust (Acorn IREIT) | Location: Acorn House, 97 James Gichuru Road, Lavington, Nairobi
Contacts: 020 259 2671, 020 259 2672 |
ILAM Fahari I-REIT | Location: ICEA LION Centre, Riverside Park, Chiromo Road, WestlandsContacts: +254 20 2750 000, +254 0719 071 000, +254 730 151 000 |
LAPTRUST Imara Income Real Estate Investment Trust (LAPTRUST IMARA I-REIT) | Location: 5th floor, Delta Corner Annex, Ring Road, Westlands |
The Capital Markets Authority (CMA) Contacts
Head office: Embankment Plaza, 3rd Floor, Longonot Road, off Kilimanjaro Avenue, Upperhill, Nairobi
Contacts: +254 722 207767, +254 20 2264000
Email: corporate@cma.or.ke
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