Kenya: HF in Sh1.2 Billion Venture With Riruta Landowner

20 February 2013

Housing Finance has stamped its first joint venture with a Sh1.2 billion residential project in Riruta Satellite area in Nairobi's outskirts.

The mortgage lender will chip in Sh186 million in the project, the equivalent of the value of the land, while the landowner, Benard Ndung'u, has availed the 5.4-acre plot where blocks of flats will be put up.

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