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Biggest mall in Africa to be built on Thika road?
Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Have just seen this info, and I quote: Quote:The biggest shopping mall outside South Africa is set to be housed along Thika road. The planned development is said to be a multibillion mixed use shopping mall comprising offices, a hotel, commercial and retail areas. Property development consultants say the move is bound to see property and land prices in the area rise further from the recent price increases after the expansion of Thika road. The development comes as a result from an agreement between Actis (A London based private equity firm) and East African Breweries to sell them 32 acres for the real estate development. http://www.propertyleo.com/blog/2012/02/22/biggest-shopping-mall-africa-set-thika-road/ I have also seen the following information on the Willmary Estate website: Quote:Amenities such as shopping centres and restaurants are all in the immediate vicinity . Future developments in the area include the construction of the biggest shopping mall in Kenya which is to be sited adjacent to the estate within the next 5 years. This can only enhance its appeal . http://www.willmarydevelopment.com/development.php
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Confirmed. Kumbe this information appeared on the Business Daily in Feb 2012. http://www.businessdaily...4/-/30ueck/-/index.html
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Interesting to note that the house prices at Willmary estate have more than quadrupled in the last 3yrs.  http://www.willmarydevel...nt.com/images/graph.png
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Biggest mall in Africa to be built on Thika road?
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