IFC Invests Sh3B in Building 5,000 Affordable Houses in Kenya
IFC has concluded and signed an equity investment worth Ksh3.08 billion ($20.9 million) into International Housing Solutions (IHS) Kenya, a US-owned Southern African Private Equity fund manager that is developing 5,000 affordable houses in Kenya.
Housing Financier Shelter Afrique Morphs Into a Development Bank
Shelter Afrique Shareholders have given the nod to elevate the pan-African housing and urban development financier into a development bank.
ADMI Inks Deal With Women In Real Estate
The Africa Digital Media Institute (ADMI) and Women in Real Estate Society (WIRE) have announced a partnership with the aim of catalyzing digital literacy...
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.