Geoprime Properties Limited

26/02/2025

Let's carry that mandate on your behave. As a landlord you need not to stress management property or collection rent.

26/02/2025

What do you expect from our property management experts.

25/02/2025

25/02/2025

Are you an aspiring Landlord / LandLady? Take advantage of our 100% financing and Lipa Pole Pole payment plan today.
Get in touch with us today on 0758068009.

14/05/2024

Wondering how you can become a landlord in Nairobi without having to raise millions, dealing with construction and slippery fundis, or settling for far-flung areas that take forever to appreciate? You may want to learn about Income REITs.

𝐈𝐧𝐜𝐨𝐦𝐞 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐫𝐮𝐬𝐭𝐬 (𝐈-𝐑𝐄𝐈𝐓𝐬) are a form of collective investment that is available in Kenya, under the regulation of the Capital Markets Authority (CMA), which also regulates MMFs and listed companies.

The general working of an I-REIT mirrors that of a listed company that sells its shares based on valuation and distributes profits to shareholders based on shares owned.

𝐅𝐨𝐫 𝐞𝐱𝐚𝐦𝐩𝐥𝐞,
A building in Nairobi is worth Ksh1 billion. It is turned into an I-REIT and split into small units (shares) worth Ksh20 each - meaning there will be 50 million shares floated for sale.

The building makes Ksh100 million income after collecting rent and this is shared among shareholders, each unit earning Ksh2 (100 𝑚𝑖𝑙𝑙𝑖𝑜𝑛 𝑑𝑖𝑣𝑖𝑑𝑒𝑑 𝑏𝑦 50 𝑚𝑖𝑙𝑙𝑖𝑜𝑛 𝑠ℎ𝑎𝑟𝑒𝑠)

Now, assuming that in each month you have been investing Ksh5,000 in the REIT, you would have bought 3,000 shares over one year.

Your shares would earn you another Ksh6,000 in dividends
On top of that, the building is valued each year, increasing the value of shares through capital appreciation.

In this article, we tell you more about REITs, using a case study of Vuka Investment Club which allows you to own a piece of prime property in Nairobi, such as the 𝐐𝐰𝐞𝐭𝐮 𝐇𝐨𝐬𝐭𝐞𝐥𝐬 - through the Acorn Student Accommodation I-REIT.

26/11/2021

Towns With High Potential For Real Estate - Business Today Kenya

18/11/2021

Value Of Land: The price of land can increase and depreciate greatly in a matter of years.

01/03/2021

Thinking of buying a house? Look at ideas on how you can raise the money for a house deposit.

25/02/2021

There is a lot to put into consideration before owning a home.
Owning a home does not necessarily mean that you have cut all monthly payments,,,
Nice piece👇👇👇

https://www.facebook.com/678136172261994/posts/3743325885742992/

By Chloe Moore / Business Insider: To many, buying a home is the most ideal dream. Home ownership is also considered one of the key factors in building

09/02/2021

Amazing design 👍

07/02/2021

Sectional titles, referred to as strata or condominium titles in some jurisdictions, helps nations to confer distinct rights to owners of units or flats in multi-level developments.

06/02/2021

HassConsult says property developers forced to put up smaller apartments with lower price tags resulting in an oversupply.