Britac-Upper hill Nrb

royco mchuzi · March 9th, 2012, 02:49 PM

http://www.nation.co.ke/business/news/Britak+to+invest+in+property+/-/1006/1361934/-/u5xpcr/-/index.html

royco mchuzi · March 10th, 2012, 04:03 AM

Britak to invest in property
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By NATION CORRESPONDENT
Posted Thursday, March 8 2012 at 18:18
British American Investment Company has announced plans to invest in the property market across East Africa and South Sudan as part of its regional expansion strategy.

The move comes seven months after it offered shares for sale in an Initial Public Offering last year, which managed a 60 per cent subscription rate.

Speaking at the opening of a branch at Barclays Plaza in Nairobi on Thursday, Mr Benson Wairegi the group’s managing director, said the East African property market presents huge opportunities, which it is banking on to penetrate and diversify investments across the region.

“We are looking to venture into property investment across the east African region as one of the entry points in such a market with a huge potential,” Mr Wairegi said.

Without revealing the cost of the roll out process, he said the plan would begin with the setting up of a landmark point in Upper Hill, Nairobi, where the firm expects to put up the tallest ultra-modern building in the area.

“We are in the stages of costing, but it will most likely be the tallest and most modern building in Upper Hill,” Mr Wairegi said.

Rongai · March 10th, 2012, 08:08 AM

Could they be talking about "THE ONE",the 54 floor building/70 floor building to be built in Upper Hill.

Dhuks · March 10th, 2012, 08:25 AM

Quote:

Originally Posted by Rongai

Could they be talking about "THE ONE",the 54 floor building/70 floor building to be built in Upper Hill.

tallest and most modern building in Upper Hill not in Kenya.

March 9th, 2012, 02:49 PM	#1
royco mchuzi Registered User Join Date: Jul 2011 Posts: 121 Likes (Received): 2	Britac-Upper hill Nrb http://www.nation.co.ke/business/news/Britak+to+invest+in+property+/-/1006/1361934/-/u5xpcr/-/index.html

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March 10th, 2012, 04:03 AM	#2
royco mchuzi Registered User Join Date: Jul 2011 Posts: 121 Likes (Received): 2	Britak to invest in property SHARE BOOKMARKPRINTEMAILRATING By NATION CORRESPONDENT Posted Thursday, March 8 2012 at 18:18 British American Investment Company has announced plans to invest in the property market across East Africa and South Sudan as part of its regional expansion strategy. The move comes seven months after it offered shares for sale in an Initial Public Offering last year, which managed a 60 per cent subscription rate. Speaking at the opening of a branch at Barclays Plaza in Nairobi on Thursday, Mr Benson Wairegi the group’s managing director, said the East African property market presents huge opportunities, which it is banking on to penetrate and diversify investments across the region. “We are looking to venture into property investment across the east African region as one of the entry points in such a market with a huge potential,” Mr Wairegi said. Without revealing the cost of the roll out process, he said the plan would begin with the setting up of a landmark point in Upper Hill, Nairobi, where the firm expects to put up the tallest ultra-modern building in the area. “We are in the stages of costing, but it will most likely be the tallest and most modern building in Upper Hill,” Mr Wairegi said.

March 10th, 2012, 08:08 AM	#3
Rongai Registered User Join Date: Jun 2011 Posts: 182 Likes (Received): 0	Could they be talking about "THE ONE",the 54 floor building/70 floor building to be built in Upper Hill.