ICEA’s I-Reit profit down 16.2% to Ksh.123.9 million in 2021 full year results

ILAM Fahari I-REIT’s net profit slumped by 16.2 percent to Ksh.123.9 million for the year ended December 31, 2021, compared to a profit of Ksh.148 million in 2020. The loss is anchored on the continued vacant spaces at Greenspan Mall resulting from Naivas, the new anchor