Mi Vida sells 200 apartments to single buyer in Sh1bn deal

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Mi Vida Homes CEO Samuel Kariuki. FILE PHOTO | DIANA NGILA | NMG

Real estate developer Mi Vida Homes has sold 200 units to an unnamed institutional investor at its affordable housing project dubbed 237 Garden City in a deal estimated at Sh1 billion.

Mi Vida did not disclose the value of the transaction but the buyer signed an agreement to buy 100 units of one-bedroom apartments that are selling at Sh4.2 million each.

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