The TelPosta Pension Scheme targets about Sh10 billion from the planned sale of four strategic assets to the government, as part of a strategy to cut its exposure in the property market to the permitted maximum of 30 percent.
The pension scheme, which currently has about 83 percent of its investment portfolio in land and real estate properties, says the government has identified four properties as strategic assets and wants to buy them instead of offering them to private buyers.
