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Stanlib plans to build Sh1.2b mall in Athi River

Greenspan Mall in Donholm estate taken on 29th December 2015 {PHOTO:WILBERFORCE OKWIRI}

Stanlib is planning to set up a Sh1.2 billion shopping mall in Athi River. This comes after the company’s Kenyan subsidiary acquired the Greenspan retail space that it listed on the Nairobi Securities Exchange.

The asset management firm, owned by South Africa’s Liberty Holdings, will develop the mall off Mombasa Road and next to East Africa Portland Cement.

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