Spotlight on Success: Centum Real Estate Named Among Top Fast-Growing Companies of 2024

Article by: Kenneth Mbae, MD Centum RE

Date: Friday, 17th May 2024

Centum Re has taken the adage that the best way to predict the future is to actively build it. We are shaping the future of the East African skyline with a focus on creating model green luxury gated communities in Kenya and Uganda. As a leading developer in East Africa, we are pioneering the development of a comprehensive wealth creation ecosystem that provides a one stop destination for both home buyers and investor across Africa, Europe, the Middle East, Australia, and the US.

Meet up with UK High Commissioner

Over the years, we have sustained our promise to deliver various real estate solutions to our vast clientele of home buyers and investors. The world seems to have taken note and is extending multiple accolades to our youthful team driving the real estate market in Africa. Notably, in April 2024, Biztech Outlook recognized Centum Re as the top fastest growing company to watch in 2024.

Biz Tech Outlook Nomination
Biz Tech Outlook Nomination

Our growth is driven by the burgeoning housing demand witnessed across East Africa. This demand stems from a variety of factors including a scarcity of quality housing, inadequate infrastructure, and urban amenities. Factors such as rapid urbanization, population growth, expanding middle class, fintech investment and government housing policies further fuel the already pent-up demand.

Phase 1 Awali Estate at Vipingo Development in Kilifi.
Phase 1 Awali Estate at Vipingo Development in Kilifi.

Centum RE’s commitment to sustainability has also earned accolades from esteemed institutions. Recently, the International Finance Corporation (IFC) named Centum Re the EDGE Champion for Africa 2023 citing our use of green building practises and efficient utilization of materials in our developments. Moreover, the International Business Magazine team also recognized Centum Re as the Real Estate Developer of the Year, The Most Sustainable Real Estate Development Kenya 2023, and the Residential Project of the Year Kenya 2023.

Centum RE Awards 2023
Centum RE Awards 2023

 As Centum Real Estate we will level on the recognition and momentum gained as a springboard to explore new opportunities, enhance our real estate offering and expand our brand’s footprint within the Sub-Saharan market.

Centum Re is East Africa’s largest real estate developer and investor building model cities from the ground up. With a robust asset base exceeding KES 40 billion, a land bank spanning over 8,000 acres and a pipeline encompassing over 10,000 residential units, Centum Re remains committed to driving sustainable growth and prosperity across the region.

To explore investment opportunities in our projects across East Africa, click here

Edited by Frida Nthoki – Marketing Department.