TransCentury plans sale of Sh1bn properties in Kenya and Uganda

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Transcentury CEO, Nganga Njiinu at a past event. FILE PHOTO | DIANA NGILA | NMG 

Investment firm TransCentury plans to dispose of properties worth Sh1.1 billion in Mombasa and Uganda as part of its efforts to improve its cash flow position from the sale of non-core assets.

This marks the latest sale of such assets, with the company having previously put several properties on the market including leased residential houses in Nairobi’s Lavington estate and Dar es Salaam in 2019.

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