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UAP to list real estate holdings at Nairobi bourse
UAP Holdings Ltd group managing director Dominic Kiarie at a past function in Nairobi. PHOTO | FILE
Financial services group UAP Holdings is packaging its commercial property into a real-estate investment vehicle as it prepares to list it at the Nairobi Securities Exchange (NSE).
The over-the-counter market-traded firm, whose core business is insurance, said it was in the process of structuring an investment Real Estate Investment Trusts (Reits), commonly referred to as i-Reit, that allows holders to share rental yields of the listed property.
