Chinese developer now top Home Afrika investor

Erdemann Properties managing director Zeyun Yang. FILE PHOTO | NMG

Chinese investor Zeyun Yang, the developer of the Great Wall apartments in Machakos County, has become the single largest shareholder in Nairobi Securities Exchange (NSE)-listed Home Afrika #ticker:HAFR after acquiring an 8.2 per cent stake.

August regulatory filings show that Mr Yang built up the stake after buying shares under his name and through his real estate firms Erdemann Property Limited and Erdemann Company (Kenya) Limited.

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