Cytonn put over 1.5 billion shillings of investor money into two of their own real estate projects which were terrible to begin with, but regardless of my bias, with covid - the fact is they have taken a bigger hit. They didn’t pool the money into a wider asset base so they could protect investors. Not knowing how long COVID will last, and that already the economy is struggling and there is less money being spent in the country- this will only get worse and so no one can afford real estate which is what Cytonn was hoping for when they put all the money into only two projects and both real estate. And that’s the nice view. The likely view is they stole the money, plain and simple. Investing in two of their own projects is NOT investing no matter how they tried to spin that. With that in mind, your question should have an answer.

Cytonn put over 1.5 billion shillings of investor money into two of their own real estate projects which were terrible to begin with, Why is this terrible? Are you aware there are other funds who do likewise? Centum for instance gives up to 22% return on money invested directly into its real estate fund but you have to invest KShs 50m or more but regardless of my bias, with covid - the fact is they have taken a bigger hit We can't rely on speculation or your belief show us the evidence. They didn’t pool the money into a wider asset base so they could protect investors did the investors want protection or returns? refer to @deadpoet's post where he says he is an investor and was aware of the risks and returns he was getting himself into . Not knowing how long COVID will last, Pandemics of this sort and their effects typically last 12- 36 months and that already the economy is struggling and there is less money being spent in the country- this will only get worse and so no one can afford real estate Ask @Angelica which is what Cytonn was hoping for when they put all the money into only two projects and both real estate. And that’s the nice view. The likely view is they stole the money, plain and simple. Investing in two of their own projects is NOT investing no matter how they tried to spin that What is investment, according to you?. With that in mind, your question should have an answer.

Lots of commentary but none have answered the questions below.

@Sparkly @DeadPoet do you have the info as insiders/investees?