Property fund ILAM Fahari I-Reit has begun trading on the Nairobi Securities Exchange's unquoted securities platform, bringing the firm back to the bourse on a restricted market after its delisting from the main investment segment in February.
The Reit’s shares (units) were available for trading on the platform yesterday at a fixed price of Sh11, which represents the price at which a section of minority investors were bought out last year by ICEA Lion Asset Management Limited.
