I told @CentumPLC CEO, @MworiaJ, that in my thinking, the US$37.3 Million I-REIT should ideally have been a restricted offer or at least target institutional player.
So why the opening up to retail investors & how do they intend to mitigate secondary market liquidity risk for retail investors?
Mworia makes the following points:
· The design of the REIT targets the Kenyans who have hard currency deposits lying in banks fetching 3.0% - 4.0% return p.a.
· Worth pointing out here that the country’s banking system closed March 2026 at Kes 1.36 trillion worth of foreign currency deposits having grown from Kes 1.24 trillion in March 2025, posting a 9.7 percent increase y/y
· To address the secondary market liquidity risk, he says the issuer has partnered with Nabo Capital to set up a US$4.0 Millon (Kes 517.8 Million) liquidity pool to provide ready counter party in instances where an investor seeks exit but struggles to find a buyer
The safety of learners must never be left to chance.
In response to recurring dormitory fire tragedies and safety concerns in boarding schools, the Architectural Association of Kenya (AAK) is pleased to share the Proposal for Safe School Dormitories in Kenya by Dr. Tuesday Gichuki, Architect.
The proposal outlines practical recommendations on dormitory design, fire safety, emergency exits, occupancy limits, inspections, supervision, and emergency preparedness to help create safer learning environments for all learners.
We invite school boards, education stakeholders, built environment professionals, policymakers, and the public to review and support these recommendations.
Download the full proposal here: https://t.co/YdEGbAltCY
Home to Kenya’s only sky garden apartments.
Today, we proudly mark the handover of Phase 1 of Cascadia — a milestone that reflects vision, innovation, and elevated living brought to life.
We are happy to open a new chapter of partnership with @KarenGolfClub to deliver tangible social & economic benefits for vulnerable communities around the Club. This was demonstrated through a recent KEPSA Foundation-sponsored tree planting at the Club https://t.co/0H4CNPeG2Z
KPDA General Manager, will be speaking on how PPPs can unlock East Africa's real estate potential.
All members enjoy an exclusive 20% discount on delegate passes for this year’s summit. Check your email for your member access code.
Register here: https://t.co/cp53gqD44s
Congratulations to my former colleague from our days at @KenGenKenya, Moses Wekesa, on your appointment as the Managing Director of the Kenya Airports Authority (KAA).
Having worked closely with you, I must admit your leadership caliber, strategic mind, and dedication to excellence. Transitioning from the energy sector to the heart of our aviation industry is a significant milestone, and I can think of no one better suited to steer KAA during this pivotal time of infrastructure modernization.
Our airports are the primary gateways to Magical Kenya, and a seamless aviation experience is the first step in a visitor’s journey to our parks and beaches.
Success in your new role, Moses 🇰🇪!
🚨 PRESS RELEASE: The KAA Board has appointed Mr. Moses Wekesa as Managing Director/CEO following a competitive process. He will lead KAA’s transformation agenda, including the modernization and expansion of Jomo Kenyatta International Airport.
For visual reference, the green area shows where the parking lot is, the blue area marks the former location of Ukay Center, and the pink line indicates a drain that carries water from the river on the opposite side of Peponi Road.
#RIPPapa! Joined family & friends of my late Classmate & colleague Mugambi Kiai at the interment ceremony in Nyaribo, Nyeri County. Also In attendance was Hon Millie Odhiambo, CJ Emiritus Willy Mutunga, Legal Practitioners, Civil society Reps & Many more. Go In Peace Bro🕊️🕊️🕊️
The Alliance anthem echoed with deeper meaning yesterday.
During the memorial service for Mugambi Kiai (Class of 1989, Grieve House, School No. 4951), Old Boys gathered to honor a man who carried the Alliance spirit with rare conviction.
He once described himself as “I am Alliance, the mosaic burning bush that never burns down.”
Mugambi believed in the power of the Alliance brotherhood and worked tirelessly to bring Old Boys together.
As this anthem was sung in his memory, it reminded us that the spirit he embodied will continue to live on.
Rest in peace, Mugambi.
Milestone today: Launch of the Decarbonization Roadmap for Kenya by the Global Buildings Performance Network in collaboration with the State Department for Public Works, Architectural Association of Kenya and partners.
How profitable is the Nairobi Expressway that someone has so loved the country that they have volunteered to turn Thika Road into an Expressway that whoever believes in getting home early shall enjoy everlasting tolls for 30 years going to a private investor