Property fund Fahari awaits approval for restructuring

ICEA Lion Asset Management CEO Einstein Kihanda. PHOTO | SALATON NJAU | NMG

Listed property fund ILAM Fahari I-Reit is still waiting for approval of its restructuring by the Capital Markets Authority (CMA), according to the manager of the Nairobi Securities Exchange-listed trust.

The property investor is run by ICEA Lion Asset Management which says the proposals to restructure the business are being reviewed by regulators.

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