Cytonn Real Estate, the development affiliate of Cytonn Investments, handed over the second phase of its Kshs 5 Billion Flagship Project, The Alma on Thursday, October 29, 2020.
In the event attended by Kiambu Governor Dr. James Nyoro, the buyers got keys to Cytonn Real Estate’s flagship residential development in the high growth Ruaka town. The Alma is Cytonn Real Estate’s latest handed over project.
Majority of urban dwellers in Nairobi live in very basic dwellings without comprehensive lifestyle amenities, reliable water and power supply. Cytonn Investments seeks to address this problem by building comprehensive lifestyle developments, such as The Alma.
In his address, Cytonn Group Chief Executive Edwin Dande assured of the company’s dedication to invest in high yielding products.
“A lot of research went into our decision to build The Alma. Ruaka has one of the highest residential occupancies in the country. As the town grows, there is increased demand for housing with superior amenities, great finishes and strategic location,” Mr Dande said.
On his part, Kiambu Governor James Nyoro applauded Cytonn Real Estate for its work in developing Kiambu county.
“We have grown as a county and we are always appreciative to developers like Cytonn Real Estate for coming in and helping in development of the county. Kiambu has so much potential and its development has been steady especially Ruaka town which has developed to become a residential haven,” the governor noted.
Plans are already underway for the final phase of The Alma.
Cytonn Real Estate continues to build next-generation developments in the country as it attempts to help Kenya achieve its Affordable Housing Agenda.
