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ICEA Lion to buy Stanlib’s I-Reit

Stanlib Kenya has put on sale its real estate investment trust (Fahari I-Reit) pending approval by the regulators and concerned parties.

In a public notice dated November 7, the company said it has already entered into an agreement with ICEA Lion Asset Management  to sell “certain assets” in connection with the I-Reit by February 29, 2020.

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