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Laptrust Imara I-Reit price locked at net asset value until March 2026
Nairobi Securities Exchange (NSE) chairman Kiprono Kittony at the Nairobi Securities Exchange grounds on Wednesday, March 22, 2023, during the bell ringing ceremony, to officiate the listing of Laptrust Imara I-Reit. PHOTO | DENNIS ONSONGO | NMG
Real estate fund Laptrust Imara I-Reit has set the price of its units or shares to track the value of its net assets, marking a contrast with other such funds like Ilam Fahari I-Reit, which trade freely based on demand and supply dynamics.
The Imara share price has remained at Sh20, based on the single transaction of 250,000 shares, which traded in March when the fund was listed on the Nairobi Securities Exchange (NSE).