Acorn Group injects US$455m into Real Estate

Acorn Group Africa, a real estate firm in Kenya is going to inject US$455m into a real estate project that will see the firm construct shopping malls, commercial offices, residential properties and commercial hotels in Nairobi, Lukenya and Kitengela. read more: constructionreviewonline.com

The iconic Britam Tower in Upper Hill, Nairobi’s financial hub, at an approximate cost of Kshs 7 billion. The 31-storey building is the flagship project of Britam’s property portfolio.  When completed in 2015, the tower is projected to be the tallest building in Kenya and the third tallest in Africa. This complex will feature a collection of wind turbines hung off a central spire. The turbines will generate power for some parts of the building and will be the symbol of the iconic building, making it a city landmark. Caption source: www.britam.co.ke