Property developer Grea has disclosed a Sh1 billion revaluation gain on its housing estate in Nairobi’s Rosslyn that it leases out exclusively to the US Embassy, two years after the property was opened.
Grea is a subsidiary of Mauritian company Grit Real Estate Income Group, which has disclosed in a financial report for the six months to December 2024 that the property —known as Rosslyn Grove— has a valuation of $59.7 million (Sh7.71 billion).
