Wazua
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Stanlib I-reit IPO @20/- per unit
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:dunkang wrote:Lolest! wrote:mlennyma wrote:dunkang wrote:mlennyma wrote:Why didn't they consider building some residential flats in a high demand area like kirima's tumaini estate in embakasi?or even office blocks in high demand areas like upperhill?its better than that mall Can an I-REIT develop for renting or its restricted to purchase of already developed buildings and renting? I understand D-REIT is for development and selling and not renting out. Lol !!!so the game has rules  no wonder the undersubscription I-REITs make money from rental and similar sources, D-REITs make money from development and disposal of real-estate. What am not sure is whether an I-REIT can develop its own property and rent/lease out. Also, if acquiring an already developed asset, they must ensure there is at least 70% occupancy rate and also a minimum of 70% of the profit must be distributed to the shareholders. Question is, a shareholder with minimum allocation atapata how much out of the rent? Rather, what is the total rent collection at greenspan. Maybe atalipwa 80bob per monthly. In the words of Samba Mapangala, u must calculate, calculate..  memories @obiero...especially when Ali Salim Manga was in studio....  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 10/1/2007 Posts: 232
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obiero wrote:dunkang wrote:Lolest! wrote:mlennyma wrote:dunkang wrote:mlennyma wrote:Why didn't they consider building some residential flats in a high demand area like kirima's tumaini estate in embakasi?or even office blocks in high demand areas like upperhill?its better than that mall Can an I-REIT develop for renting or its restricted to purchase of already developed buildings and renting? I understand D-REIT is for development and selling and not renting out. Lol !!!so the game has rules no wonder the undersubscription I-REITs make money from rental and similar sources, D-REITs make money from development and disposal of real-estate. What am not sure is whether an I-REIT can develop its own property and rent/lease out. Also, if acquiring an already developed asset, they must ensure there is at least 70% occupancy rate and also a minimum of 70% of the profit must be distributed to the shareholders. Question is, a shareholder with minimum allocation atapata how much out of the rent? Rather, what is the total rent collection at greenspan. Maybe atalipwa 80bob per monthly. In the words of Samba Mapangala, u must calculate, calculate.. Actually it was Sam Fan Thomas who Sang those words
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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tmatekwa wrote:obiero wrote:dunkang wrote:Lolest! wrote:mlennyma wrote:dunkang wrote:mlennyma wrote:Why didn't they consider building some residential flats in a high demand area like kirima's tumaini estate in embakasi?or even office blocks in high demand areas like upperhill?its better than that mall Can an I-REIT develop for renting or its restricted to purchase of already developed buildings and renting? I understand D-REIT is for development and selling and not renting out. Lol !!!so the game has rules no wonder the undersubscription I-REITs make money from rental and similar sources, D-REITs make money from development and disposal of real-estate. What am not sure is whether an I-REIT can develop its own property and rent/lease out. Also, if acquiring an already developed asset, they must ensure there is at least 70% occupancy rate and also a minimum of 70% of the profit must be distributed to the shareholders. Question is, a shareholder with minimum allocation atapata how much out of the rent? Rather, what is the total rent collection at greenspan. Maybe atalipwa 80bob per monthly. In the words of Samba Mapangala, u must calculate, calculate.. Actually it was Sam Fan Thomas who Sang those words Obiero check your facts bwana, that was Sam fan Thomas. It usually came as a chorus of his song. Samba mapangala were Kenyans if in not wrong lol
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Down the maximum allowed 10% and this should continue to like 5bob "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Yeah...1988...Cameroonian Sam Fan Thomas...the days of "cham ngege cham ngege eeeh" and " tuende tukule, tuende tukuleee, tuende tukule iyoo oooo...tutule cha cha" Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Today Stanlib-I reit test sub 20.00, ill pretend to be shocked as it plunges further. Who advises these companies that list in a bear market???  The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Aguytrying wrote:Today Stanlib-I reit test sub 20.00, ill pretend to be shocked as it plunges further. Who advises these companies that list in a bear market??? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Aguytrying wrote:Today Stanlib-I reit test sub 20.00, ill pretend to be shocked as it plunges further. Who advises these companies that list in a bear market??? Bear or no bear some people still made money. The expenses of the offer were KShs 174 million, deducted from the offer proceeds. Life is short. Live passionately.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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sparkly wrote:Aguytrying wrote:Today Stanlib-I reit test sub 20.00, ill pretend to be shocked as it plunges further. Who advises these companies that list in a bear market??? Bear or no bear some people still made money. The expenses of the offer were KShs 174 million, deducted from the offer proceeds. And a shopping mall at KShs.2B. "People" made money, are making money, and will be making money. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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There is that strangely located, very good looking, office block at Pangani along Thika Road with no tenants even after +6 months of "Office To Let" banner, why can't the owner do an i-reit and dispose it to unsuspecting Kenyans?  Receive with simplicity everything that happens to you.” ― Rashi
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Stanlib I-reit IPO @20/- per unit
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