The LAPTRUST IMARA I-REIT is a restricted closed-ended Real Estate Investment Trust (REIT) listed on the Restricted Sub Segment of the Main Investment Market of the Nairobi Securities Exchange (NSE).
As a closed-ended fund, persons wishing to invest in LAPTRUST IMARA I-REIT shall effect such investments by purchasing the REIT Securities in the secondary market.
Owing to the restricted nature of the REIT, the Promoter has committed to maintaining 100% ownership of the REIT Securities for a period of three (3) years after the listing date. Thereafter, the units shall be available for investment by professional investors as defined in the REIT Regulations.
The number of REIT Securities issued shall remain constant over time except:
- Where a new issue of REIT securities is made or
- There is a reduction in the capital of the REIT
The main objective of the REIT shall be to optimize the returns of the investor through strategies identified as suitable by the REIT Manager.
To generate superior returns from an optimal and diversified property portfolio Securities Holders in a sustainable manner supported by a best-in-class management team