Developer expands Athi River green Park estate

REAL Estate developer Superior Homes Limited has began construction of phase five of its multi-billion Athi River Green Park Estate.This is after it sold out the first four phases of theSh8 billion housing project comprising bungalows, villas and semi-detached houses.The move comes as high land prices in Nairobi continue to drive housing developments outside the […]

Cytonn Investments buys 25pc stake in Superior Homes for Sh1bn

Cytonn Investments has today announced the purchase of a 25 percent stake at a cost of Sh1 billion in the leading real estate developer Superior Homes with an option for further purchase over the near term. The stake investment is in line with Cytonn’s strategy of connecting capital from global and institutional investors, such as […]

Cytonn acquires Sh1bn stake in Superior Homes ahead of NSE listing

Cytonn Investments has acquired a 25 per cent stake in family-owned Superior Homes Kenya Ltd, which intends to list on the Nairobi Securities Exchange (NSE) this year. The acquisition deal for the Greenpark Estate developer signed in Nairobi on Tuesday is worth Sh1 billion. Cytonn Investments managing partner and chief executive Edwin Dande said the […]

Superior Homes to list on the Nairobi Securities Exchange

Superior Homes Kenya, developers of Greenpark Estate in Athi River, has announced plans to list on the Growth Enterprise Market Segment (GEMS) of the Nairobi Securities Exchange. The company has appointed Burbidge Capital as advisors for the listing, PKF as reporting accountants and A&K as transaction lawyers. Superior Homes’ managing director Ian Henderson said that […]

Superior Homes to list on NSE Gems counter

Real estate firm, Superior Homes, is planning to list on the Growth Enterprise Market Segment (Gems) of the Nairobi Securities Exchange (NSE) as part of its strategy to raise capital for expansion. It has appointed Burbidge Capital as the lead advisers, PKF to offer accounting and business advisory services and A&K as transaction lawyers. The […]

The Kenyan property market is steady

You have announced plans to put up a lodge in Elementaita. What informed this move? Every business would want to diversify its products to increase revenue streams. We also want to take advantage of Kenya’s tax regime that currently gives some incentives to developers venturing into the hospitality industry. What is the scope of the […]

Covid-19 Message
I hope that you are all keeping safe and as we all hope that the current Covid pandemic is contained and the economy opens up again, you may wish to consider a house move. With 550 houses on 150 acres and an average of less than 4 houses per acre, Greenpark is one of the safest communities in Kenya. Fresh air, wide open spaces and a steady breeze from the nearby Lukenya Hills all help to reduce the risk of any contamination. Our show homes are open 7 days and you are most welcome to visit so long as you respect all social distancing rules. Stay safe Ian Henderson, Managing Director