Investors ready for Nairobi to list first REIT stock

11/20/2007 | AllAfrica Global Media

Investors are lining up as plans progress to put the first REIT on the Nairobi index. The promising new market reportedly has prompted property developers to pool resources for middle-level homes, car parks and offices in Nairobi while at least four more companies seek to be listed as REIT stocks.

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