Chairman’s Welcome Message

REITS Association of Kenya (RAK) is the collective representative body of the real estate investment trusts sector in the country. We aim to promote the growth of REITs in Kenya through various initiatives including:

  • Lobbying policy makers, government bodies and regulators to promote and protect member’s best interests;
  • Publishing research and industry information through reports, analysis and publications;
  • Organizing investor outreach programs to educate and sensitize industry stakeholders on REITs and real estate investments; and
  • Creating partnerships with like-minded Associations and organizations regionally and internationally in order to catalyze knowledge transfer.

RAK’s members are leading and established property developers, consulting firms, associations, professional service providers and professionals operating within the real estate and capital market industries.

Our forums provide great networking platforms and capacity building opportunities, and our growing research portal is a solid information hub for industry stakeholders.

Our milestones

KENNETH MASIKA
RAK CHAIRMAN

2017
Nov

RAK is registered under the societies Act of Kenya

2018
Jun

RAK gains formal recognition from Capital Markets Authority and Retirement Benefits Authority as the formal representative of the REITs industry

Jul

RAK signs a Memorandum of Understanding with US based NAREIT

Sep

RAK hosts inaugural conference with over 250 delegates

2019
May

RAK Hosts a Stakeholders breakfast forum in collaboration with KPDA

Jul

RAK holds its first Annual General Meeting

Oct

RAK holds a comprehensive REITs workshop in collaboration with NSE

Oct

Lobbying for exemption of taxation of REIT investee companies; and successful inclusion of the exemption of REIT investee companies in the Finance Bill 2019

2020
Aug

Hosting REIT investor education webinars in collaboration with investment banks such as Renaissance Capital and key global professional bodies including the Chartered Institute for Securities and Investment (CISI)

Oct

Hosting the second Annual General Meeting

Nov

Hosting webinars in collaboration with NAREIT, the global representative voice for REITs, and the Capital Markets Authority on the Global Effect of COVID-19 on commercial and residential real estate

2021
Mar

Hosting the Regional REITs Webinar in collaboration with Regulators including Capital Markets Authority and Nairobi Securities Exchange, which brought together over 300 industry stakeholders

May

Hosting virtual REITs training session in collaboration with the Nairobi Securities Exchange and Abojani Investment

Jun

Successfully lobbying for the re-instatement of exemption of VAT on transfer of assets into REITs and ABS

Being part of RAK provides you with access to diverse opportunities within both the real estate and capital markets industries.

To know more about the benefits of joining RAK, download our brochure.