INVESTMENT management company Cytonn has secured more funding from Finnish private equity fund Taaleri to finance its real estate projects targeting the low and mid-income housing market.
The funds – Sh400 million – will be channeled to Cytonn’s affiliate real estate company which is undertaking several projects including Amara Ridge in Karen and Alma apartments in Ruaka with 400 units.
“We are glad that in Taaleri, we do not only have a financier but also a partner who is walking the journey with us as we continue to create wealth for our clients, build safe neighbourhoods for families and create employment opportunities for Kenyans,” said Cytonn’s chief investments officer Elizabeth Nkukuu.
