Home Business Centum sells Sh12bn assets to reduce real estate risks

Centum sells Sh12bn assets to reduce real estate risks

Share

Business Daily | by Victor Juma

Centum Investment Company is selling land and property valued at Sh12 billion to reduce its exposure to the real estate market which has risen to represent 65 percent of its total assets in the year ended March.

The company says in its latest annual report that it will sell real estate assets worth Sh2 billion by March next year.

The biggest property disposals are planned over the next three years and…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version