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REAL ESTATE

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From Superior Homes, a Sh14B Master-Planned Housing Project

Real estate developer Superior Homes has officially launched a Ksh14 billion master-planned gated community in Lukenya, Machakos County, which seeks to offer a live, work, and play environment.

Inside MyTown, Biggest Mall In Lang’ata Constituency

Recently, Lang'ata MP Felix Odiwuor alias Jalang'o made a post celebrating the launch of Tibu Health Africa at the recently launched MyTown Mall in...

Absa Bank to Provide 90% Financing for Superior Homes Buyers

Leading real estate developer Superior Homes (Kenya) PLC has signed a partnership with Absa Bank Kenya that will see home buyers enjoy 90% financing.

Premium Student Hostel With 630 Beds Sells for Sh1.48 Billion

The Acorn Student Accommodation Development REIT (ASA D-REIT), Acorn’s development vehicle for student housing, has sold its latest stabilised asset, Qwetu Aberdare Heights II, to the Acorn Student Accommodation Income REIT (ASA I-REIT) in a Ksh1.48 billion deal.

IFC Invests Sh3B in Building 5,000 Affordable Houses in Kenya

IFC has concluded and signed an equity investment worth Ksh3.08 billion ($20.9 million) into International Housing Solutions (IHS) Kenya, a US-owned Southern African Private Equity fund manager that is developing 5,000 affordable houses in Kenya.

Housing Financier Shelter Afrique Morphs Into a Development Bank

Shelter Afrique Shareholders have given the nod to elevate the pan-African housing and urban development financier into a development bank.

ADMI Inks Deal With Women In Real Estate

The Africa Digital Media Institute (ADMI) and Women in Real Estate Society (WIRE) have announced a partnership with the aim of catalyzing digital literacy...

Amateur REIT Investors To Earn Sh402 Million On Their Way Out

The proposed Ksh402 million Real Estate Investment Trust transaction will allow IFIR’s non-professional Investors to redeem up to 36,585,134 units at a redemption offer price of Ksh11 per unit.
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