By DAVID HERBLINGStanlib Kenya has poached an executive from realtor Lloyd Masika to head its real-estate investment trust that is listed on the Nairobi bourse. It has so far acquired three properties, namely Greenspan Mall, Bay Holdings and Highway House; with a property portfolio value of Sh2.4 billion. The incoming Fahari CEO is a scion of David Masika, the co-founding partner and chairman of Lloyd Masika. Mr Masika holds a bachelor’s degree in land management from the University of Reading, UK. At Lloyd Masika, he undertook assignments on urban, rural valuations and estate agency, valuation of land, buildings, furniture fittings, equipment, plant and machinery.

Source: Daily Nation November 25, 2016 07:34 UTC