Centum freezes new investments after $12.1m loss
It strategically shifted to funding investments from internally generated funds as opposed to debt whose interest payments previously threatened its survival.
Source: theeastafrican.co.ke
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Centum unit gets Sh775m renewable energy loan
TRPC has received Sh775 million ($7 million) loan from a commercial and industrial solar financier to expand renewable energy infrastructure projects for its parent firm, Centum Real Estate.
Source: businessdailyafrica.com
Centum bets big on low cost houses
THE STANDARD By Frankline Sunday | December 12th 2020 at 00:00:00 GMT +0300 Businessman Chris Kirubi is investing billions of shillings in affordable housing in a move that will further spread his portfolio and that of his companies across more sectors. This comes as the investment firms, Two Rivers Development and Centum Investment Group, in which Mr Kirubi holds majority stakes, move to divest from commercial property development and into residential housing. In a regulatory filing yesterday, Two Rivers Development revealed it plans to construct affordable home units within its property...
Source: standardmedia.co.ke