Property developer Home Afrika #ticker:HAFR is set to raise more than Sh600 million by exiting two projects in Kisumu and Kwale, which it was unable to complete due to inadequate capital.
The Nairobi Securities Exchange-listed firm is set to sell its land holdings in Kisumu’s Lakeview project and is also in talks to cede its interests to investors who had bought land in Kwale’s Lango project.
