Insurer Jubilee buys Coca-Cola office at Sh1.1bn

Jubilee Holdings Limited Group Chairman Mr. Nizar Juma. PHOTO | POOL

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.

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