Private equity company Fusion Capital has exited its residential project in Athi River two years early and doubled its earnings from the deal following successful house sales.
Fusion funded the construction of 80 semi-detached houses to the tune of Sh600 million for the project called Graceland Athi River by developer Hand-in-Hand Ltd. Handin- Hand is a Kenyan-focused real estate developer with offices locally and in the UK.
Commenting on the closure of the deal, chief executive Grant Smith said it was great to get to the end of a good project.
