Thursday, October 6, 2011

Delta Corp East Africa sells Upper Hill's 21-storey office complex to World Bank Group

Over the last few years, the Nairobi real estate market has faced growing demand for office space. At the same time, the focus has shifted away from the City Centre with places like Mombasa Road, Upperhill and Ngong Road fast becoming favourites for companies buying or putting up office complexes. A sale in its final stages put Upperhill firmly at the top of the pyramid with what is touted as the country’s single biggest transaction.  Delta Corp East Africa has completed the sale of Delta Centre, a 21-storey office complex, to the World Bank and the International Finance Corporation for a staggering Sh2.2 billion. read on: http://www.standardmedia.co.ke/InsidePage.php?id=2000044216&cid=470

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