Nairobi- based pan-African housing development financier – Shelter Afrique is working on an affordable housing partnership deal with Actis -  a global private equity investment firm and India’s real estate giant Shapoorji Pallonji. Speaking when he met Actis and Shapoorji Pallonji teams in Nairobi, Shelter Afrique Managing...

Ruaraka Diversified Investments Limited is associated with private equity firm Actis, which sold the land on Thika Road where Garden City Mall stands and a separate property to Safaricom in 2015. Tax Appeals Tribunal agreed with the taxman that Ruaraka Diversified Investments should remit the money to KRA because it failed to pay tax from profits of about Ksh1.4 billion earned in three transactions, after acquiring the land from East African Breweries Ltd (EABL).

Newly launched residential home developer,  Mi Vida, has been ranked the best new entrant into the Kenyan real estate market. Mi Vida also received an award in the real estate developers and agencies category at the Kenya Homes Expo 2019 held in Nairobi last week. The home-builder, which...

Actis, a leading growth markets investor and Shapoorji Pallonji Real Estate (SPRE), the real estate arm of one of India’s largest conglomerates, have announced the appointment of Chris Coulson as the CEO of the newly launched residential platform. Coulson’s appointment follows his continued success in managing...

Actis, a leading growth markets investor and Shapoorji Pallonji Real Estate (SPRE), the real estate arm of one of India’s largest conglomerates, are set to launch a new real estate joint-venture platform to meet the demand for affordable and middle-income housing in the Sub-Saharan Africa starting...

The project is now funded by equity from Actis (88%) and Kenyan company Craftskills Wind Energy International (12%) alongside senior debt from the Overseas Private Investment Corporation