Shelter Afrique Courts Actis, Shapoorji Pallonji In Continental Housing Deal
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...
Tax Shock For Company That Sold Garden City Land
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).
Youngest Real Estate Firm Shakes Market With Sh12bn Fund
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, Shapoorji appoint Chris Coulson to lead real estate joint venture platform
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...
Africa’s affordable housing quest receives boost with Sh12 billion investment
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...
Actis acquires majority stake in wind power producer, Kipeto Energy
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