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REAL ESTATE

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.

Kenya’s Multi-Billion Tatu City Special Economic Zone Attracts More Chinese Investors

Mr Solomon Mahinda, Executive Vice President of Tatu City, said promoting investments and market access in Africa through favourable trade policies has been an ongoing conversation.

5 Multi-Million Mansions Owned by Raila

He has major investments spread across sectors including energy and real estate. Odinga, however, also has a penchant for beautiful, massive mansions.

Inside Wetangula’s Multi-Million Real Estate Business

Wetangula has invested heavily in the real estate sector, like many other wealthy Kenyan and politicians. In Syokimau, Machakos County, he owns more than a dozen multi-storey apartment blocks each featuring several modern, stylish apartments.

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 and villas in Nairobi and Kilifi in Kenya, and Entebbe in Uganda.

In Kenya, Affordable Housing Dreams Built On a Digital Platform

The Boma Yangu a digital platform where Kenyans can save for affordable housing was launched last week.