Page 3 - கட்டம் ரியல் எஸ்டேட் வருமானம் குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IFC lends Mauritius firm Sh2.7bn for Orbit factory acquisition Thursday May 06 2021 Summary The deal, valued at Sh4.3 billion, was to be completed last year but had delayed due to economic uncertainty brought by the Covid-19 pandemic. Grit has now approached IFC to provide part of the funds needed to conclude the transaction. The International Finance Corporation (IFC) is set to lend $25 million (Sh2.7 billion) to Grit Real Estate Income Group to fund its purchase of manufacturing facilities from consumer goods manufacturer Orbit Products Africa. The Mauritius-based property firm announced in October 2019 that it had signed an agreement with the contract manufacturer for global firms such as Reckitt Benckiser, Colgate-Palmolive and Unilever to buy its 20 acres of land in Mlolongo, Machakos which houses its factory.

Nairobi areaSouth africaRift valleyReckitt benckiserInternational finance corporationAfrica imperial health sciences logisticsGrit real estate income groupOrbit productsNaivasha buffalo mallMombasa roadImperial health sciencesநைரோபி பரப்பளவுபிளவு பள்ளத்தாக்குரெகிட் பென்கிசர்சர்வதேச நிதி நிறுவனம்கட்டம் ரியல் எஸ்டேட் வருமானம் குழு