Prime

Acorn raises Sh2bn for two new hostels

Acorn Group CEO Edward Kirathe. PHOTO | FILE

By  Victor Juma

Business Editor

Nation Media Group

Student hostels developer Acorn has raised Sh2 billion from bond investors to develop two new properties.

This is the latest fundraising for Acorn, which raised Sh4.2 billion through a corporate bond in October 2019.

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