Samuel Kariuki: Why he sees huge potential in floating development Reit

samuel kariuki 22aug24
Photo credit: Illustration | Joseph Barasa | Nation Media Group

Mi Vida’s Samuel Kariuki aims to spur activity in Kenya’s rather sluggish Real Estate Investment Trusts (Reits) market.

He is seeking the Capital Market Authority’s (CMA) approval to issue the first Reit, which offers investors a redemption sweetener in what he believes will be a solution for the shallow secondary trading market and hopefully woo more investors into the asset class.

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