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Cytonn rakes in Sh2.5bn from Ruaka units sale

Cytonn Investments chief executive Edwin Dande. FILE PHOTO | NMG

By  Bonface Otieno

Nation Media Group

Business Reporter

Cytonn Investments says it has sold 55 per cent of the 453-unit gated community houses currently under construction in Ruaka on the outskirts of Nairobi for Sh2.5 billion.

The project was initially estimated to cost the same amount.

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