Student hostels developer Acorn Holdings has quoted its two Real Estate Investment Trust (Reit) products worth Sh7.5 billion at the Nairobi Securities Exchange’s (NSE) recently opened unquoted securities platform.
The development and Income Reits, worth a total of Sh7.5 billion and trading at Sh20 per unit, are the first products to be listed on the unquoted securities platform (USP), which was launched in December to offer a more transparent over-the-counter marketplace for shares of unlisted companies.
