Berlusconi back in Malindi to inspect Billionaire Resort

Former Italian Prime Minister Silvio Berlusconi arrived in Malindi on Thursday for a week-long visit to inspect the ongoing construction of the Sh500 million Billionaire Resort near the Malindi marine park. Berlusconi who is accompanied by former Formula One billionaire…
Lamu port project stalls

Months after the launch of the massive Lamu port project, it is emerging that serious questions remain regarding the consequences of the project and the future of the people living in the areas earmarked for the proposed port. According to…
Nairobi commuter rail project draws top global firms

The Sh24 billion Nairobi commuter rail project has attracted leading players in global infrastructure projects, Business Daily has reported. The newspaper reported that 17 companies including Samsung, Hyundai and leading rail companies from Europe and China had tendered for the…
Groundbreaking held for Sh40 bn Sergoit Golf Resort

A ground-breaking ceremony has been held for a Sh40 billion golf and wildlife resort near Eldoret town in Uasin Gishu County. Dubbed Sergoit Golf and Wildlife Resort, the development which is set on 3,100 acres about 15km north east of…
CFC plans Sh5bn mall in Nairobi

The investment banking subsidiary of CFC Stanbic Group has announced plans to construct a Sh5 billion shopping mall in Nairobi, in a bid to cash in on Kenya’s booming property market. Stanbic Investment Management Services (SIMS), which has now re-branded…
Construction begins on Mount Kenya Wildlife Estate

Construction has begun on a new luxury housing estate at Ol Pejeta Conservancy, a private wildlife sanctuary located in Laikipia County. Dubbed Mount Kenya Wildlife Estate, the development is set on a 1,000-acre parcel of land on the eastern boundary…
Construction begins on Nairobi Business Park 2

London-based private equity fund Actis has launched the construction of the second phase of its Nairobi Business Park project along Ngong Road in Nairobi. The Sh1.8 billion development, which will comprise five office blocks, will create additional 15,000 square metres…
What is LEED certification?

LEED, acronym for Leadership in Energy and Environmental Design, is an ecology-oriented building certification program developed by the U.S. Green Building Council (USGBC) – a non-profit organisation based in Washington D.C. The LEED program, which was developed in 1998, consists…