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Cytonn Investment has unveiled a Sh50 billion real estate deal that will see it develop a five-acre aspirational gated community in Karen.
Speaking on Thursday in a press briefing, a day that also saw the company launch its property development affiliate- Cytonn Real Estate, firm’s Chief Executive Officer Edwin Dande, noted that 85 percent of the project would be low and medium housing. The remaining 15 per cent would be prime residential housing, which will also include the five-acre Amara Ridge gated community in Karen.
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