CMA Approves KSh 10.5 Billion Corporate Bond by State-Owned Mortgage Lender
Capital Markets Authority (CMA) has approved the issuance of an unsecured KSh10.5 Billion Medium Term Note (MTN) programme by Kenya Mortgage Refinance Company (KMRC), a Government-owned mortgage lender. This is [...]
Centum Real Estate Secures KSh 17 Billion Facility from GEM
Centum Real Estate Limited has signed an agreement with Global Emerging Markets(GEM) Global Yield, a Luxemburg-based private alternative investment group, to provide it with a share subscription facility of upto [...]NHC Unveils KSh25 Billion Affordable Housing Project
The National Housing Corporation (NHC) has unveiled a KSh25 billion housing project in Athi River, Machakos County. The project, dubbed Stoni Athi Waterfront City will be developed on a 150-acre [...]
Housing Finance Company Appoints Peter Oduori As its New MD
Housing Finance Company(HFC) Limited, the banking subsidiary of HF Group, has appointed Peter Mugeni Oduori as the Bank, effective November 17th 2021. Peter is a seasoned banker with over 20 [...]HF Group Shops for Strategic Investors
HF Group, a Nairobi listed mortgage lender has begun the process of seeking strategic investors to acquire a stake in the firm. The aim of the proposed transaction is to [...]Fanaka Real Estate Celebrates 5 Years and New Office Inauguration
Fanaka Real Estate Ltd, a leading provider of real estate and property management solutions celebrated its 5th anniversary on 29th October 2021 as it announced opening of its new offices. [...]HF Group Appoints Prof Olive Mugenda As its Board Chairperson
Housing Finance(HF) Group has appointed Prof Olive Mugenda as an Independent Non-Executive Director and Chairperson of its Board of Directors w.e.f 21st October 2021. She takes over from former HF [...]Harambee SACCO Resumes Sale of Assets to Boost Liquidity
Harambee SACCO has resumed the disposal of some of the properties in its huge real estate portfolio, estimated at KSh 1.7 Billion, to boost its cash position In 2020, Harambee [...]Fanaka Real Estate Celebrates 5 Years
At only five years, Fanaka Real Estate is proving to be a force to reckon with in the real estate and property business. From winning awards to embracing new ways [...]Home Afrika appoints Nelson Ashitiva as a Non-Executive Director
Home Afrika Limited Board of Directors has appointed Nelson Ashitiva as a Non-Executive Director of Home Afrika with effect from 1st September 2021. Nelson Ashitiva is a lawyer, business leader [...]Home Afrika posts Half-Year Net Loss of KSh 222.8 Million
Home Afrika, a real estate firm listed on the Growth and Enterprise Market(GEMS) segment of the Nairobi Securities Exchange(NSE), has recorded a net loss of KSh 222.8 Million in H1, [...]HF Group Net Losses in H1, 2021 Increases to KSh 355.6 Million
HF Group has recorded a net loss of KSh 346.1 Million over the first six months of this year compared to KSh 295.5 Million in H1, 2020, an increase of [...]
