Jubilee Holdings #ticker:JUB has bought Coca-Cola East Africa’s former head office in Nairobi’s Upper Hill at a cost of Sh1.1 billion, with the insurer planning to move its headquarters to the property in September.
The Nairobi Securities Exchange #ticker:NSE -listed firm will lease out part of its current address –Jubilee Insurance House on Wabera Street— which will also continue to house its agents and customer service operations.