Stanbic lends Sh3bn to Tatu City-based real estate project

Signage at Tatu City. FILE PHOTO

Stanbic Bank Kenya lent Sh3.3 billion ($25.6 million) to Gateway CCI Limited, a subsidiary of Mauritius-based real estate firm Grit in the year ended June.

This marks Grit’s increased borrowing in the local market where it is expanding its property portfolio spread across commercial and residential units.

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