Mauritian firm Grit Real Estate Income Group is set to spend Sh2 billion ($15.5 million) on the further development of Orbit Products Africa’s manufacturing facilities which it acquired in March last year from businessman Sachen Chandaria in a multi-billion-shilling transaction.
The London-listed multinational’s phase two redevelopment of the facility will see it put up an additional 14,741 square metres of warehousing space on the bulk land that it acquired as part of the purchase of the property.
