Home Announcement Stanlib Fahari I-REIT registers a 6.5% interim half year return

Stanlib Fahari I-REIT registers a 6.5% interim half year return

• STANLIB Fahari I-REIT has registered 6.5% interim half year return
• 5% consists of growth in both capital and rental income
during the first six months of its financial year.
• A press release on the half year returns indicated that it has registered earnings of 23.19 cents per unit driven by revenue of Sh117.9 million and a profit of Sh53 million.
• STANLIB has completed the acquisition the Greenspan Mall, Bay Holdings and Highway House and its investment property is now valued at Sh2.4 billion.