Cytonn gets nod to buy Wasini homes

Shiv Arora, Cytonn Investments Management head of private equity. FILE PHOTO | NMG

Investment firm Cytonn has received the go-ahead from the competition watchdog to buy Nairobi’s luxury hotel-cum-furnished apartments vendor Wasini Resorts.

The firm’s head of private equity (real estate), Shiv Arora, confirmed entering into discussions with luxury apartment owners but declined to divulge details.

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