Realtreaty. Cytonn shareholders are many including myself. You can get a full shareholders list from their offices. But their muscle is mainly from Taaleri, a Finnish firm listed on the Nasdaq

Cytonn towers are 3 towers. They just launched the residential towers first. Haven’t launched the others yet. Anyone can buy a unit or 2.

Lack of recognition and growth by Company leaders and owners is one thing killing careers and bringing down firms.

Cytonn directors were managers at Britam and found their input was being neglected by either proper pay and /or partnering and so threatened to kill the mother country by exiting it and forming a new in.

The world is about competition and to be wary of it you have to grow and nature your staff.

I took a walk/drive around Nairobi and have to admit things are changing so fast in the real estate the old low rise nairobi will eventually fade away. The old model of single dwelling houses does not seem to appeal to younger nairobians. They want flats and apartments and car-centric city. I don't think the water, roads, sewer infrastructure in kili and lavi can accommodate all that additional highrises.

He is the owner of cavina school, he is afraid the tower and the traffic it will attract will kill his school

So the world should stop for him and his school.
Wish the court fine him dearly.

Madness to build that in Kilimani...anyways its Cytonn...nothing will materialise.

Kilimani was re-zoned to allow for flats and commercial use to decongest CBD but the infrastructure was not upgraded to match the higher density. Upper hill was planned as a small financial district which is why it appears better organized.

Kilimani residents rejected the project and the Cytonn guys walked out on the residents. The drama continues...

The buyers have to wait until the zoning fight is over which means the Nairobi county, NEMA, KURA etc approve the project. Zoning quarrels are not easy to resolve that's why a developer hires project consultants to deal with all the challenges. The buyers can opt to wait it out because they are getting prime real estate or they give up and demand a refund of their cash in which case the project collapses. The residents can also decide to quit the area by starting to sell off their properties which either devalues the area(e.g. in Karen when it was re-zoned to allow 0.5 acres) or completely changes the character of the neighborhood(e.g. Eastleigh where original landowners sold out). Cytonn is not being diplomatic and those residents are also deep pocketed so it's a wait and see.