REITS Association of Kenya (RAK) was established in 2017 by players in the Real Estate and Capital markets industries.
Formed primarily to promote the growth of REITS in the Kenyan Market, RAK establishes a framework for the development of the industry and creating forums for potential issuers, investors and regulators to engage. Partnering with other REITS Associations around the world, in developed markets, we catalyse knowledge transfer and learning experiences.
We engage the government and regulators on matters facing REITS, including tax harmonization and other incentives. We aim to educate the market about the long term benefits of Investing in REITS.
The REITs Association of Kenya (RAK) and Women in Real Estate (WIRE) signed a Memorandum of Understanding (MoU) representing a significant step towards advancing gender inclusion in the Real Estate Sector in Kenya.
The REITs Association of Kenya (RAK) and Strathmore University have signed a Memorandum of Understanding (MoU) to collaborate on research and allied endeavours that will promote the growth of the Real Estate Investment Trusts (REITs) in Kenya.
The Capital Markets Authority (CMA) has approved a bid by ILAM Fahari Real Estate Investment Trust (I-REIT) to convert its unrestricted ILAM Fahari IFIR into a restricted I-REIT. The Ksh402 million restructuring move will allow IFIR’s Non-Professional Investors to redeem up to 36,585,134 units at a Redemption Offer Price of Ksh11 per unit.