Real estate firm Acorn Group and London-based private equity fund Helios are jointly set to build 3,800 university hostel units in Nairobi in a mega project estimated to cost about Sh7.4 billion.
The pair, through an investment vehicle they own equally, plans to set up the first cluster of units near Strathmore University, United States International University Africa (USIU-Africa) and Daystar University.
