The highly aspirational lifestyle of live, work, shop and play is, now a reality at Two Rivers courtesy of Centum Real Estate. This Friday afternoon, Jubilant homeowners and investors of Riverbank Residences will have a memorable valentine week after receiving key cards to their Manhattan style luxury homes.
Additionally, the high standards established and track record set by Centum Real Estate for efficient deployment of bond funding and timely completion of the project, 14 months after a successful bond raise of KES 3B secured zero coupon notes and secured zero coupon equity linked medium term notes listed at Nairobi Securities Exchange (NSE) on 22nd December 2020.
Four families have tastefully furnished their homes and are enjoying the Two Rivers lifestyle. 60 apartments are already sold with 24 units available. The project consists of a premium 1,2- and 3-bedroom apartments all completed to the highest standard marble countertops, high floor to ceiling heights, full height windows, spa like bathrooms with soaking tubs and rain showers among many other facilities.
Riverbank is the new addition to over 600 residential houses that we have recently handed over in Kenya and Uganda. Centum Real Estate has continued to grow its market trusted brand with a proven delivery track record that will continue to provide investors a platform to own homes affordably through flexible payment terms that will increase home ownership in the region said Samuel Kariuki Centum Real Estate Managing Director.
We believe the timely completion of this project, facilitated by funds raised through listing at Nairobi Securities Exchange is a testament to the powerful facilitative role of NSE to real estate developers to access capital. This in turn has created thousands of direct and indirect employment opportunities through the entire real estate value chain and has served as a catalyst of economic empowerment said Geoffrey Odundo CEO NSE while officiating the official launch of Riverbank apartments
Since its commencement, Two Rivers development has had significant impact on the local economy. The development has attracted over KES 20B in foreign direct investments and created over 5,000 jobs during the construction of the mall, offices, 3-star hotel and residential units.
Centum Real Estate is the region’s leading developer of mixed-use urban nodes in the region, with large mixed-use developments in Nairobi, Kilifi and Entebbe in Uganda. Centum’s track record assures its investors of quality, value for money, timely handover of projects and a return on their investment.