Business Summary

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Corporate Real Estate > Real Estate development in Nairobi, Kenya

Business Opportunity

Industry: Real Estate


Sector: Residential (Apartments)


SIC Code: 67999905 REAL ESTATE INVESTORS, EXCEPT PROPERTY OPERATORS


Transaction Type:
Corporate Real Estate

Country of Origin: Kenya |


Target Areas: Worldwide


Business Review

The proposed luxury apartments will be located in Thompson Estate, Lavington area, Nairobi, Kenya. The 52 apartments will be developed on three semi-detached 12-storey blocks, set on a one-acre piece of land. The construction period is expected to last between 18-24 months.

Products
Apartments
Services
Financial Information

Asking Price: on request


Highlights

The total development cost is expected to be USD 16 million of which the developer's equity currently is $7 million. The developer has sold 7 units with a lot of interest streaming in from other prospective buyers.

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