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

88. Inclusion of performance data

Edition: 2023-10-06 · In force

88. Inclusion of performance data

(1)The Authority may require a REIT manager to submit to it, a justification of the calculation, if performance data or estimated yield is quoted in—

(a)a report;

(b)an advertisement; or

(c)any other invitation to the public to invest in a real estate investment trust scheme.

(2)A forecast of the performance of the real estate investment trust scheme shall not be included in any advertisement or in any prospectus or offering memorandum.

(3)For the purposes of this regulation, the publication of a prospective yield shall not constitute a forecast of performance.

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Source: Kenya Law