Kenya: Garden City Project Gets Sh2.7 Billion From IFC

22 January 2014

The International Finance Corporation and UK government-backed CDC Group have injected $32 million (Sh2.75 billion) into the Garden City real estate development.

The $250 million (Sh21.5 billion) development being put up by private equity firm Actis integrates retail, residential and office space on a 32-acre parcel of land on Thika Road in the outskirts of Nairobi.

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