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Standard Bank

Standard Bank, Africa's largest banking group by assets and MiDA Advisors, will be partnering with Acorn Holdings, an established real estate developer, in mobilising USD$700 million Kenya Shilling (KES) equivalent in long-term blended finance commitments for green, affordable student housing in Kenya.

Nairobi areaUnited statesKenny fihlaStandard bankAcorn holding incomeStandard bank groupUnited states development finance corporationDevelopment real estate investment trusts reitsStanbic bank kenyaAcorn holdingsKenya shillingChief executiveInvestment bankingEast africaDevelopment real estate investment trustsUnquoted securities

Standard Bank, MiDA in $700m green housing deal

Standard Bank, MiDA Advisors, and Acorn Holdings partner in $700m deal for green student housing in Kenya, creating 48,000 beds.

Nairobi areaUnited statesKenny fihlaStanbic bank kenyaStandard bankAcorn holdingsUnited states development finance corporationAcorn holdingStandard bank groupEast africaReal estate investment trustsUnquoted securities

Standard Bank, MiDA, Acorn Launch Green Housing Initiative

Standard Bank, MiDA, Acorn Launch Green Housing Initiative
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Nairobi areaKenny fihlaStandard bankStanbic bank kenyaAcorn holding incomeDevelopment real estate investment trusts reitsUs development finance corporationAcorn holdingsInvestment banking at standard bank groupStandard bank groupFinance corporationChief executiveInvestment bankingEast africanDevelopment real estate investment trustsUnquoted securities

Fahari I-Reit units oversubscribed ahead of planned restructuring

The transaction targeted the redemption of up to 36.5 million REIT units

Nairobi areaEinstein kihandaRaphael mwitoCapital markets authorityKenya revenue authorityIlam fahari real estate investmentAsset managementNairobi securities exchangeReal estate investment trustProfessional investorsRedemption offer priceChief executive officerUnquoted securitiesCapital marketsExtra ordinary general meetingExecutive officer mr raphael mwito

Einstein Kihanda: ICEA Lion boss explains restructuring of ILAM Fahari REIT

Einstein Kihanda: ICEA Lion boss explains restructuring of ILAM Fahari REIT
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Nairobi areaEinstein kihandaLion asset managementNairobi securities exchangeAsset management limitedAsset managementGreenspan mallUnquoted securities