REITS Association of Kenya (RAK) is the collective representative body of the real estate investment trusts sector in the country. We aim to promote the growth of REITs in Kenya through various initiatives including:
RAK’s members are leading and established property developers, consulting firms, associations, professional service providers and professionals operating within the real estate and capital market industries.
Our forums provide great networking platforms and capacity building opportunities, and our growing research portal is a solid information hub for industry stakeholders.
RAK is registered under the societies Act of Kenya
RAK gains formal recognition from Capital Markets Authority and Retirement Benefits Authority as the formal representative of the REITs industry
RAK signs a Memorandum of Understanding with US based NAREIT
RAK hosts inaugural conference with over 250 delegates
RAK Hosts a Stakeholders breakfast forum in collaboration with KPDA
RAK holds its first Annual General Meeting
RAK holds a comprehensive REITs workshop in collaboration with NSE
Lobbying for exemption of taxation of REIT investee companies; and successful inclusion of the exemption of REIT investee companies in the Finance Bill 2019
Hosting REIT investor education webinars in collaboration with investment banks such as Renaissance Capital and key global professional bodies including the Chartered Institute for Securities and Investment (CISI)
Hosting the second Annual General Meeting
Hosting webinars in collaboration with NAREIT, the global representative voice for REITs, and the Capital Markets Authority on the Global Effect of COVID-19 on commercial and residential real estate
Hosting the Regional REITs Webinar in collaboration with Regulators including Capital Markets Authority and Nairobi Securities Exchange, which brought together over 300 industry stakeholders
Hosting virtual REITs training session in collaboration with the Nairobi Securities Exchange and Abojani Investment
Successfully lobbying for the re-instatement of exemption of VAT on transfer of assets into REITs and ABS
Being part of RAK provides you with access to diverse opportunities within both the real estate and capital markets industries.
To know more about the benefits of joining RAK, download our brochure.