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Old May 20th, 2014, 05:50 PM   #81
chenduta
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Carrefour

Carrefour standard are wanting,in Dubai where its a major player, the services are poor and the stores are disorganized.they will offer less if any challenge to Nakumatt high end segment of the market
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Old May 22nd, 2014, 06:55 AM   #82
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www.ConstructionBusinessReview.com, Guys,there is an article regarding the Mall,indeed it is going to be the largest overpowering Garden city and The Hub,it is also good to note Nextgen mall,along Mombasa Road has started and also huge,i will see if i can get more info regarding the Nextgen mall,which has also reminded me,During the last edition of the Home expo,i attended it and i remember telling me,just next the Nextgen mall,there is going to be a petrol centre,which will look the petronas in Singapore!,the centre will have offices for the 24 petrol companies in Kenya,well only time will tell about the project,
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Old May 22nd, 2014, 10:20 AM   #83
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Carrefour is a big player in the expat community in Shanghai. Their stores here are well stocked and very popular...it is a formidable threat to the local players. If they can become a foreigners favorite then eventually the locals would definitely develop an interest. Its the same situation in Shanghai.
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Old May 22nd, 2014, 10:29 AM   #84
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Carrefour is a big player in the expat community in Shanghai. Their stores here are well stocked and very popular...it is a formidable threat to the local players. If they can become a foreigners favorite then eventually the locals would definitely develop an interest. Its the same situation in Shanghai.

Keep them out then.
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Old May 22nd, 2014, 06:00 PM   #85
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Keep them out then.
Their target is the expat community in Gigiri, Runda. That area must hold the largest expat community on this side of the continent, and a huge number of them have shopped in a Carrefour store at some point, or may be loyal customers in their home countries.

Kenyans and to some extent East Africans will somehow gravitate to Nakumatt's and Uchumi's just like the expats will gravitate to this store. Human nature loves familiarity.
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Old June 20th, 2014, 06:07 PM   #86
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Kenya’s largest shopping mall in the offing
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May 28, 2014 0 408


The development is being executed in phases and it will have a total floor area of about 830,000m2 on completion

Nairobi’s Runda estate will soon be home to Kenya’s largest shopping mall. This is after the NSE-listed investment company, Centum, revealed its plans to build the shopping mall on its 100-acre land in the the prestigious Runda, Gigiri, Muthaiga and Nyali neighbourhoods.

The, Two Rivers, shopping complex will occupy a total of 58,000m2 dethroning the upcoming Garden City mall along Thika Road at 50,000m2, which was poised to become East Africa’s biggest shopping mall. The shopping mall, which is set to open in October 2015, is part of a US$682.2m mixed-use real estate development being undertaken by Centum on its US$ 11.3m parcel of land.

Centum says it is in the process of converting Two Rivers into a Development Real Estate Investment Trust (D-REIT) adding that it has so far secured interest for funding of over 164.3m in equity and long-term debt from local and institutional investors.

The Two Rivers development will consist of medium density residential homes, a five-star hotel, office blocks and a shopping centre. The development is being executed in phases and it will have a total floor area of about 830,000m2 on completion.

According to Centum CEO, James Mworia , Paris-based Carrefour, the world’s second largest retailer after Walmart, has booked 100,000 square-feet at the Two Rivers shopping mall adding that half of the mall’s space has already been booked mainly by international retailers.

The property is sandwiched between Limuru road to the south and the Northern bypass to the north within the diplomatic blue zone.

The site will be developed in an environmentally sustainable manner that will seek to protect and preserve the flora and fauna and the riparian reserve. To achieve this noble objective, the master plan has allocated about 30% of the total area to preservation of green areas.

The development will also make the most of the favourable climatic conditions resulting from the unique location of Nairobi within equatorial area to create destination that is naturally appealing in all seasons.
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Old June 21st, 2014, 12:09 AM   #87
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This is bad news for westgate...even after they restore it to its former self, the damaged has been done...most of the expats will feel more secure (me thinks) in a facility in the so called "diplomatic blue zone"
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Old July 13th, 2014, 11:41 AM   #88
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http://www.tworivers.co.ke/tenders Anyone intrested for tenders can check that site or for futher info,Two rivers has opened their offices at International Life House,Mama Ngina steert 5th floor.
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Old July 13th, 2014, 01:52 PM   #89
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This is bad news for westgate...even after they restore it to its former self, the damaged has been done...most of the expats will feel more secure (me thinks) in a facility in the so called "diplomatic blue zone"
Is there a diplomatic blue zone in Kenya? That name sounds fancy but means war and chaos in a country. I've only heard it used in warring countries. Since even did we have such a description? I would never use it to describe a place in Kenya. And I think only those too traumatized might not go back to Westgate it it will be full just like any other. The World Trade Center I'd bigger and better.
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Old July 17th, 2014, 09:51 AM   #90
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Any Recent Pictures?

Would like to see the progress of this.
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Old July 28th, 2014, 01:15 PM   #91
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Its funny how people focus on the mundane. We've accepted whites (and Asians) as part of the Kenyan community, historical injustices notwithstanding - we are diverse that way.

Why else would we be celebrating the Dunfords when they lift the Kenyan flag high?
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Old July 28th, 2014, 11:32 PM   #92
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Its funny how people focus on the mundane. We've accepted whites (and Asians) as part of the Kenyan community, historical injustices notwithstanding - we are diverse that way.

Why else would we be celebrating the Dunfords when they lift the Kenyan flag high?
Being Kenyan has nothing to do with race. I know a bunch of white Kenyans, Asians are quite a large % for an African country but they are legitimate citizens born, bred, educated and work here just like any other Wanjiku!
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Old July 31st, 2014, 03:27 PM   #93
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I was readin through the Financial statements of Centum Investment Company and they have now gotten fully Funding for the Two rivers Projects,the Co-operative Bank of Kenya will lend the project 5.2 Billion Kenya shillings.Another thing,there will be a tour to the Two Rivers project On Friday 29th August 2014,this is for bona fide shareholders!
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Old August 9th, 2014, 03:25 AM   #94
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Construction is at the sub structure stage




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Old August 17th, 2014, 12:05 PM   #95
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Centum putting up a Sh17bn satellite town in Ruaka









Ruaka, a fast-growing suburb in Kiambu County, is receiving a major upgrade with the construction of a multi-billion-shilling satellite town.

Centum Investment Group, the largest listed private equity company in Eastern Africa, is putting up what it calls “a retail, entertainment and lifestyle centre” at an estimated cost of Sh17 billion.

The project, the first of its kind in the country, is expected to be the largest in East Africa with a mega shopping mall, office park, luxury residential apartments, hotels and public amenities.

Mr Bernard Masika, the residential engineer, said the project dubbed “Two Rivers” sits on 100 acres and will be carried out in two phases.

Mr Masika said the project, managed by Athena Properties Ltd, is expected to be complete by September 2015 ahead of the grand opening the following month.

“The project has a completion time line because part of the facilities have already been bought, and so we have to meet the set time,” the engineer said, adding work is going on day and night.

Mr Masika said the retail centre is designed as an open mall offering a sense of high street shopping but protected from adverse weather.

INTERNATIONAL CLIENTS

He said Two Rivers Mall will have over 160 shops with a rich mix of fashion, apparel, furniture and homewares, restaurants, cinemas, banking hall, accessories and services when complete.

Of the 62,000 square metres of mall, slightly under 50 per cent has already been booked by international clients.

Among them is the French Carrefour hypermarket, the fourth-largest retail group in the world, which has booked up to 10,000 square metres, making them the anchor tenant. It will be the second Carrefour outlet in Africa.

Kiambu County will get its first three-star hotel with over 150 rooms as well as a five-star star hotel with 200 rooms and conference facilities.

The office park will be compliant with international green standards, featuring low-rise office blocks and luxurious residential apartments being built by a Chinese firm and local sub-contractors.

The project will have 1689 parking bays in the mall on three levels and 2,000 parking bays in the parking silo.

The project bordered the Northern bypass, Limuru road and the North-South link road which is under construction.
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Old August 19th, 2014, 02:34 AM   #96
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Ksh 2 Billion 'City Lodge' Hotel to be built at Two Rivers




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Old September 11th, 2014, 09:30 AM   #97
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Is there provision for firestope in the design and construction of European standards
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Old September 12th, 2014, 12:01 AM   #98
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kudos Kenyans for such hell of the project....... glad will shall have one of these wonders in E.A
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Old September 12th, 2014, 05:45 AM   #99
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European standards
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Old September 12th, 2014, 09:46 AM   #100
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ha ha ha... nice one primezz..Tell him we are on "Chinese standards"
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