Mauritius firm to sell Sh530m stake in Naivasha Buffalo Mall

Buffalo Mall in Naivasha. FILE PHOTO | NMG

Mauritius-based Grit Real Estate Income Group is set to sell its 50 per cent stake in Naivasha's Buffalo Mall in a transaction valued at more than half a billion shillings.

The London Stock Exchange-listed firm acquired the stake from Buffalo Mall Naivasha in April 2016 for $4.5 million (Sh459 million).

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