Car & General eyes Coast with Sh800 million mall in Shanzu

sales

A Car and General Sales Manager Erick Masabule (right) explains a point to a client at KICC Nairobi on April 23, 2024 during the 2nd Kenya Power E-Mobility conference and Expo.

Car & General is lining up an Sh800 million mall project in Shanzu, Mombasa, deepening its foray into property business as it continues with a revenue diversification strategy.

The Nairobi Securities Exchange-listed firm plans to construct the mall on four acres, with the construction slated to begin next year and be completed by 2026 to benefit from the Mombasa-Mtwapa-Kilifi highway that is being upgraded.

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