Private equity fund Actis is looking to raise up to $104.6 million (Sh14.7 billion) through an even split of debt and equity sale in its Garden City Mall and business park on Thika Road.
Actis outlined the capital move in a pitch for investment made to the Kenya Pension Funds Investment Consortium (Kepfic), in response to a call made in December 2022 for investment proposals from companies and project sponsors.