Nairobi, Nov. 3 -- The Capital Markets Authority is proposing to reduce the minimum subscription to a real estate investments trust (Reit) from Sh5 million per investor to Sh100,000 in a bid to spur interest in the investments vehicle.

The Authority had set the minimum investment at Sh5 million in 2013 when Reits were introduced to the market in an effort to ensure only sophisticated investors who understood the risks associated with the vehicles took part.

Published by HT Digital Content Services with permission from Business Daily....