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Corporate Real Estate

Real Estate development in Nairobi, Kenya

Mandate ID: KE-4-JWA-1-1801-6
Transaction Type:
Corporate Real Estate

Industry: Real Estate


Sector: Residential (Apartments)


SIC Code: 67999905 REAL ESTATE INVESTORS, EXCEPT PROPERTY OPERATORS


Country of Origin: Kenya | Kenya


Target Areas: Worldwide


Corporate Real Estate > Real Estate development in Nairobi, Kenya

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

Financial Information

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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