Acorn Investment Management Limited’s development and investment in real estate investment trusts (Reits) have posted a near-triple net profit of Sh1.4 billion in the financial year ended December 2024.
This marks a rise from the Sh467 million net profit in the previous year and came on the back of improved performance by Acorn Student Accommodation’s development Reit (ASA D-Reit) and income Reit (ASA I-Reit).
