Individual investors with limited capital are locked out from participating in real estate investment trusts (Reits) as issuers continue to favour institutional investors, avoiding the retail segment previously deemed as jittery and unsophisticated.
Earlier this week, Africa Logistics Properties Holdings (ALPH) announced its plan to raise up to Sh5 billion from issuing 39 million units to investors who can pump in a minimum of Sh5 million, keeping up with the most recent Reit issues.
