REITS Association of Kenya (RAK) was established in 2017 by companies operating in the Real Estate and Capital markets industries. RAK was formed primarily to promote the growth of REITS in the Kenyan Market by establishing a framework for the development of the industry, creating forums for potential issuers, investors and regulators to engage and partnering with other REITS Associations around the world in order to catalyse knowledge transfer and learning experiences. RAK engages the government and regulators on matters facing REITS, including tax harmonization and other incentives. The Association also aim to educate the market about the long term benefits of Investing in REITS.