Acorn eyes students with Sh1.9bn hostels in Karen

A Qwetu hostel in Ruaraka, Nairobi. FILE PHOTO | NMG

Property developer Acorn Holdings is rolling out a 3,591-room hostel on a five-acre plot in Karen, targeting students from Catholic University of Eastern Africa.

Environmental impact assessment filings by the firm said the land was acquired from the university. Acorn’s fully owned subsidiary Spruce Properties LLP will implement the Sh1.89 billion project.

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