Student hostel developer Acorn Holdings has acquired a parcel of land in Eldoret town to set up its first hostels outside of Nairobi, regulatory filings show.
The company had earlier disclosed in a semi-annual report for its Acorn Student Accommodation Development-Reit for the first half of 2024 that it had identified Eldoret and Kakamega as the first tier two urban centres to host its student hostel developments, pending acquisition of land.