KENYA: Work resumes at the Akiira geothermal site © Akiira Geothermal Limited Drilling will soon resume at the Akiira geothermal site in the Rift Valley, western Kenya. The local population has given the green light to its owner, Akiira Geothermal Company, to continue work. The concession is operated by a consortium of Centum Investments Company, […]
NAIROBI, Kenya, Mar 17 – Centum Investment Company’s real estate subsidiary has booked house pre-sales worth Sh3.5 billion and collected Sh1.6 billion between April 2020 and February 2021, surpassing the corresponding ten-month period before Covid-19 was first reported in Kenya. The pre-sale collections are Sh300 million more than the Sh1.3 billion collected between April 2019 […]
Nairobi — Centum Investment Company’s real estate subsidiary has booked house pre-sales worth Sh3.5 billion and collected Sh1.6 billion between April 2020 and February 2021, surpassing the corresponding ten-month period before Covid-19 was first reported in Kenya. The pre-sale collections are Sh300 million more than the Sh1.3 billion collected between April 2019 and February 2020, […]
Centum Real Estate Ltd, a subsidiary of Centum Investments Company, has added affordable residential developments in Nairobi to its portfolio by launching the 26 Mzizi Court, a residential project nestled within the 102-acre Two Rivers development. With construction set to take 30 months, Centum Real Estate Managing Director Samuel Kariuki said the 26 Mzizi Court […]
Centum Group CEO James Mworia speaking during the Cascadia Open Day forum at City Lodge, Two Rivers/Centum Re Centum Real Estate Limited’s Cascadia Apartments is sold 60 per cent as demand for affordable housing in the country, mainly urban regions, remains high. Centum Real Estate Limited,also known as ‘Centum Re’ is a fully owned subsidiary […]
Billionaire businessman Ngugi Kiuna is seeking the termination of the Carbacid Investments’ buyout of BOC Kenya after filing an objection to the deal at the Capital Markets Tribunal citing undervaluation. Mr Kiuna, a former BOC Kenya chairman, said the Capital Markets Authority (CMA) erred in approving the takeover by ignoring the undervaluation of BOC besides […]
Centum Real Estate Ltd, a subsidiary of Centum Investments Company, has added affordable residential developments in Nairobi to its portfolio by launching the 26 Mzizi Court, a residential project nestled within the 102-acre Two Rivers development. With construction set to take 30 months, Centum Real Estate Managing Director Samuel Kariuki said the 26 Mzizi Court […]
Sixteen Kenyans dropped out of the ultra-rich list in 2020 as the Covid-19 pandemic disrupted businesses and hammered most asset classes across Africa. The latest instalment of the Knight Frank Wealth Report places the number of Kenyans with a net worth of at least $30 million (Sh3.3 billion), including their primary residence, at 90 last […]
Centum Real Estate Limited has listed its KES 3 billion bond project on the Nairobi Stock Exchange (NSE). The NSE listing will give buyers of the three-year bond a platform to trade the security before it matures in 2023. The listing follows the approval of the Capital Markets Authority (CMA) and the Nairobi Securities Exchange […]
Centum Real Estate Company has listed its Sh3 billion project bond on the Nairobi Securities Exchange (NSE), allowing investors to trade the security before it matures in 2023. The listing will also help track the three-year bond’s performance, timely implementation of the projects and uptake. “The listing gives investors flexibility and more options to cash […]
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