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Centum posts Sh43.1 million gross profit from residential units

Centum posts Sh43.1 million gross profit from residential units
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Vipingo
Coast
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Centum Real Estate net profit drops 72pc to Sh650m

Centum Real Estate net profit drops 72pc to Sh650m
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Real estate projects push land prices up 50pc in Kilifi

Real estate projects push land prices up 50pc in Kilifi
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Chris Kirubi: Visionary, builder, trailblazer

Chris Kirubi: Visionary, builder, trailblazer
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Merali firm, Centum in tender battle for KDF real estate deal

Tycoon Naushad Merali and Centum Investments are among individuals and local firms battling four Chinese firms to build and operate 11,000 houses for KDF.

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Centum's subsidiary defends its 4000 acres of land in Kilifi

THE STANDARD By Kamau Muthoni | February 21st 2021 at 00:00:00 GMT +0300 Interior view of a housing unit constructed by Vipingo Development Limited. [Omondi Onyango, Standard] A real estate development firm has urged the High Court in Milimani to throw out a case filed by a Kilifi resident claiming part of its 10,000 acres. Vipingo Development Limited in its reply to a case filed by Wycliffe Tembo Mwangombe and a lobby Bambani Community Based Organisation, argue that the petitioners are trying to hoodwink the court to believe that Rea Vipingo Plantations Limited surrendered 4,000 acres of land to the government in 2001 while it actually sold and transferred ownership of 10,254 acres to the Centum subsidiary for development 14 years later in 2015.

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