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Property developer Acorn set to transfer Sh3.5 billion hostels
Edward Kirathe, Chief Executive Officer, Acorn Holdings Limited during the official opening of Qwetu Aberdare Heights student accommodation. FILE PHOTO | DIANA NGILA | NMG
Property developer Acorn’s student accommodation Development Reit is set to transfer two completed hostel properties valued at Sh3.54 billion to the developer’s Investment Reit by the end of this year following their completion and occupation by learners.
The two hostels, Qwetu Hurlingham and Qwetu Aberdare Heights II, are situated in Hurlingham and USIU Road respectively.
