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Trading of property shares on NSE.
Njunge
#1 Posted : Monday, June 08, 2009 5:42:00 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
CMA is crafting regulations (Real Estate Investment Regulations Trust) to be forwarded to UK for approval.This means soon,we will be able to trade property shares on NSE.What are the likely implications on property prices around the country?........any effect on traditional shares?.

God gives,mugikuyu takes.
Nothing great was ever achieved without enthusiasm.
Gordon Gekko
#2 Posted : Monday, June 08, 2009 6:24:00 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Remember when Anglo-African Holdings tried to list and couldn't achieve a minimum subscription? I however think its failure was not due to it being a property share - but rather a lack of confidence in its management.
caesar
#3 Posted : Monday, June 08, 2009 1:26:00 PM
Rank: Member


Joined: 5/25/2007
Posts: 149
Someone will surely make a killing with this...


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