Cytonn Investments has handed over the multi-million Amara Ridge, a gated community in Karen, to its owners. The houses were sold for between Sh. 90 million and Sh. 112 million.
“Today is a great day for us, not just for Cytonn but also for clients who believed in us. We started Amara Ridge in 2015, and to have all units taken and completed is a great achievement,” said Cytonn chief investment officer and head of real estate Elizabeth Nkukuu.
The development sits opposite Bomas of Kenya and boasts close proximity to high-end retail stores, shopping malls offering easy access to outdoor entertainment sites such as Nairobi National Park.
It sits on five acres piece of land comprising 10 units. The first Cytonn’s real estate project was financed by Cytonn Investments and Finland-based NASDAQ OMX listed Taaleritehdas.
