Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Laptrust sets Sh5m minimum investment in fund
A housing project in Mombasa. Pension scheme Laptrust has packaged its real estate assets into a fund to tap investors at the Nairobi bourse. PHOTO | KEVIN ODIT | NMG
Pension scheme Laptrust has locked out retail investors from its newly created real estate investment trust by setting a minimum investment of Sh5 million for each party that may want to buy into the property fund in the future.
Laptrust has received the Capital Markets Authority (CMA) approval to package its real estate assets into a fund called Laptrust Imara I-Reit and which will be listed on the Nairobi Securities Exchange.
