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Centum plans dollar-based real estate income fund
James Mworia (right), CEO of Centum Investments and Risper Alaro, the Group Finance Director, during the company's Investor briefing held at their Two Rivers offices on July 30, 2024.
Centum Investment Company is planning to set up Kenya’s first dollar denominated income Real Estate Investment Trust (I-Reit) at its Two Rivers special economic zone in Nairobi.
The company said it is still in the process of pooling capital towards the Reit, whose initial investment will be an office tower at its Two Rivers International Finance and Innovation Centre (Trific).