Residential real estate wakes up from a slumber, hints at revival
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East African listed property is dominated by Kenya but the market in this country is under pressure. Development costs are extremely high in Kenya.
The first real estate investment trust or Reit listed in East Africa is the Stanlib Fahari-REIT. This was listed more than a year ago and has not lead to the listing of more Reits.
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Source : Residential real estate wakes up from a slumber, hints at revival