The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations

30. Listing of securities of an I-REIT

Edition: 2023-10-06 · In force

Where an issue or an offer of REIT securities in an I-REIT is made as an—

(a)unrestricted offer, it shall be listed on a market segment of a securities exchange approved by the Authority; or

(b)a restricted offer, if listed, shall only be listed on a market segment of a securities exchange authorized by the Authority which limits—

(i)trading to a restricted minimum parcel size of five million shillings; and

(ii)investors who may trade on such market segment of a securities exchange to those to whom an offer of the securities could have been made.