CIC expands options for Sh4bn Kiambu land sale

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CIC general insurance managing director Fred Ruoro. FILE PHOTO | DIANA NGILA | NMG

CIC Group has expanded options for the sale of Kiambu land valued at about Sh4.05 billion as it seeks to attract more buyers.

The insurer says the land, which makes up about 42 percent of its Sh9.67 billion asset portfolio, could now be subdivided past a quarter-acre piece it had previously settled on as the minimum size.

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