Centum Real Estate
![Centum RE CEO Kenneth Mbae. Centum RE's operating expenses grew to Ksh748.4 million in the year ended March 2023 up from from Ksh502.1 million the previous year. [Photo/ Centum RE]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/07/Kenneth-Mbae.jpg?fit=680%2C453&ssl=1)
Turnaround as Centum RE Posts Ksh174M Net Profit
The big turnaround has been attributed primarily to valuation gains in the Centum RE portfolio. Centum RE's portfolio includes hundreds of high-end apartments...
BUSINESS TODAY
Centum Real Estate Fortunes Continue To Dwindle
Centum Real Estate Limited has issued a profit warning for the financial year ending March 31, 2022, for the second time in a...
BT Reporter
Centum HY Results: Ksh662M Loss as Two Rivers Bleeds Cash
Similar to last year, the loss in the half-year ended September 2021 was driven by losses from Centum's Two Rivers Development and real...
MARTIN SIELE
![Cascadia Apartments in Gigiri, Nairobi. It is among Real estate ventures under the Centum umbrella. [Photo/ CentumRe]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/09/cascadia_apartments_featured.jpg?fit=600%2C404&ssl=1)
Centum Plots Ksh16 Billion Exit from Real Estate Subsidiary
The funds raised would be reinvested in stocks, bonds and private equity, reducing the noticeable prominence of real estate in Centum's portfolio.
MARTIN SIELE
Kirubi’s Influential Son-in-Law Musangi Appointed to Centum Board
He is the son of Professor Richard Musangi, a scholar who became the pioneer Vice-Chancellor of Egerton University in 1987, and was in...
MARTIN SIELE
Centum Issues Profit Warning, Eyes Ksh10B Real Estate Cash
The firm expects net earnings to be at least 25 per cent lower than that reported in the last full financial year. In...
MARTIN SIELE
