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Britam invests Sh12bn in Nairobi’s Kileleshwa mall

Britam Group MD Benson Wairegi (left) and chairman Francis Muthaura during Friday’s AGM. PHOTO | SALATON NJAU | NMG

By  JAMES NGUNJIRI

Britam #ticker:BRIT is set to build a Sh12 billion mall in Nairobi’s upmarket Kileleshwa as it looks at real estate to drive profits and cut the influence of the Nairobi bourse on its earnings.

The firm said Friday at its AGM that it plans a 13,000 sqm of space, making it the latest high-net worth investor to invest in retail space.

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