Centum Real Estate Limited is the region’s leading real estate developer, with a focus on master-development of large mixed-use developments. Our current development portfolio includes: Vipingo Development Limited, a 8,056 acre development in Kilifi County; Pearl Marina Estates Limited, a 389-acre development in Entebbe, Uganda; and infill developments within the Two Rivers Development in Nairobi. Additionally, within our growth pillar, we are developing affordable homes in two attractive sites in Nairobi on a joint venture basis
As a 100% owned subsidiary of Centum Investment Company Plc, Centum Real Estate adheres to high standards of corporate governance. The Board of Directors of Centum RE includes non-executive directors who are sector experts in their various fields. The roles and responsibilities of the Board of Directors and those of management are clearly set out within the corporate governance framework.
The Centum Real Estate management team has over 30+ years of combined experience in real estate development and project finance in East Africa, with a long track record of successfully identifying, de-risking, developing and attracting third party equity on projects at significant equity upsides. Key notable third-party equity transactions include the 50% sale of Two Rivers Lifestyle Centre to Old Mutual Properties and a sale of a minority stake to AVIC – JWHC in Two Rivers Development Limited.