Jubilee eyes Sh2bn from sale of Nairobi CBD building

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Jubilee Insurance Centre in Nairobi. The insurer’s eight-storey office set to be sold as Jubilee completes its move to Upper Hill headquarters.

Photo credit: File| Nation Media Group

Jubilee Holdings plans to sell its office in Nairobi’s central business district in a deal expected to raise about Sh2 billion as the insurer completes its transition to a larger, modernised headquarters in Upper Hill.

The decision comes nearly a year after the insurer moved to its new regional headquarters along Kilimanjaro Avenue in Nairobi’s Upper Hill.

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