Athena Properties
Breathing Life into East African Real EstateWriter: Emily JarvisProject Manager: Stuart Parker Having firmly established itself as the preferred property developer and urban management services firm in East Africa, known for its mixed-use developments and the creation of urban nodes, Centum Investments’ subsidiary, Athena Properties is capitalising on the Kenyan Government’s decentralisation initiative to tap into new real estate opportunities.Meanwhile, the Company’s existing significant projects – including Two Rivers mall, the largest retail centre in sub-Saharan Africa, and Pearl Marina, Uganda’s destination of choice for tourists and locals alike – are taking shape as planned; showcasing Athena’s unwavering commitment to developing landmark projects that incorporate global best practices.“Two Rivers mall is now ready for opening and occupation. The two office towers located at the top of the mall are in the final stages of completion and we are extremely pleased with progress of Phase 1 so far and are keen to push-on with Phase 2,” says Chris Ochieng, the Company’s Managing Director (MD). “Moreover, Pearl Marin Phase 1 is currently under construction with the show cluster scheduled to complete by November, 2016.”Tangible wealthSecuring these high-calibre flagship projects was thanks to both Athena’s passionate workforce and alignment with the Company’s core values to create long-term value and sustainable, tangible wealth for clients and stakeholders. As one of many regional real estate giants stepping up to the plate to answer East Africa’s call for an end-to-end seamless construction service – comprising land acquisition, master planning, urban planning, project management, construction management, development management and project finance right through to asset management…
Athena Properties
Africa’s Lifestyle Developer of ChoiceWriter:Emily JarvisProject Manager:Stuart ParkerThe East African real estate market is currently thriving, with the likes of leading property developer and urban management services firm, Athena Properties at the forefront of this change. Established in 2013 with a concerted focus on large mixed-use developments, the Company has been answering East Africa’s call for an end-to-end construction service that allows for a seamless and comprehensive offering including; land acquisition, master planning, urban planning, project management, construction management, development management and project finance right through to asset management.Athena Properties is one of seven wholly-owned subsidiaries of the Centum Investment Group, the leading investment Company in East Africa cross-listed in both Kenya Securities Exchange and Uganda Securities Exchange. With a Group goal to become sub-Saharan Africa’s lifestyle developer of choice, Athena Properties has quickly established itself as the preferred development partner in East African real estate through its multi-million mixed-use development projects. Kenya in particular has been an area of substantial interest as the country is currently working hard on achieving a significantly decentralised public sector by embracing the urban management concept; encouraging the spread of the population across areas outside the city which is then managed by pro-active local authorities.“In line with the Group’s strategy to participate in the development process from start to finish, Athena Properties involves itself in mixed use developments and the creation of urban nodes, providing a complete end-to-end solution that addresses East Africa’s compelling need for infrastructure development and urban management; targets which are currently unmet,” explains Chris Ochieng, Managing…
