Know Your REITs: Developments in the REITs Market 2023

Know Your REITs: Developments in the REITs Market 2023

Posted on November 10th, 2023

Authors

  • Brian M. Muindi, FCIArb

  • Stephen Mallowah

  • Jinaro K. Kibet, SC

As the real estate market in Kenya continues to grow, many investors are turning to Real Estate Investment Trusts (REITs) as a promising way to invest in the industry.

REITs are essentially investment vehicles that allow investors to pool their resources and invest in a diverse range of real estate assets. One of the main advantages of REITs is that they offer investors the opportunity to invest in real estate without having to own and manage property themselves. This means that investors can benefit from the potential returns of real estate without having to deal with the associated risks and responsibilities.

In Kenya, the REITs market is still relatively new but it is rapidly gaining traction. There are currently several REITs listed on the Nairobi Securities Exchange, offering investors a range of investment options. These REITs invest in a variety of real estate assets including commercial buildings, residential properties, and even shopping malls. Investing in REITs can be a great way to diversify your investment portfolio and potentially earn attractive returns.

However, it is important to do your research and understand the risks involved before investing. As with any investment, there is no guarantee of returns and you should always consult with a financial advisor before making any investment decisions. Get the full breakdown on the different types of REITs in the market and the legal regulations to consider as you take up this type of investment.

This pack was authored by the Corporate & Commercial Practice with Partner and Head, Brian Muindi, Senior Partner Jinaro Kibet, Partner Stephen Mallowah and Associates Laura Kyalo and Lorraine Igoki.