SA firm Eris building serviced apartments in Runda

DN2luxurydevelopments13

The cost of land in Nairobi’s upmarket suburbs has shown glimmers of recovery from the lingering effect of Covid-19 pandemic. PHOTO | SHUTTERSTOCK

Commercial properties company the Momentum African Real Estate Fund and South Africa’s Eris Property are developing a serviced apartment complex in the Runda neighbourhood dubbed Somerset Rosslyn Nairobi.

The property, expected to be opened on December 31, 2023, will be managed by Singaporean real estate firm Ascott.

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