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Acorn picks Nairobi’s Kijabe Street for new 2,400 capacity hostel project
Acorn Holdings CEO Edward Kirathe (left) and University of Nairobi Vice-Chancellor Stephen Kiama lay the foundation stone for the Qwetu and Qejani Chiromo Residences. FILE PHOTO | POOL
Property developer Acorn Holdings has opted for Kijabe Street to host its first student hostel facility in the Nairobi Central Business District, new disclosures show.
The company, which develops student hostels under its Acorn Student Accommodation Development Reit (ASA D-Reit), intends to put up a facility with a capacity of 2,400 beds on the property, targeting institutions such as the University of Nairobi and the Technical University of Kenya.
