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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Fusion Capital will use money raised from Development Real Estate Investment Trust (D-REIT) to develop property in Meru.
Fusion Capital CEO Luke Kinoti said the money raised will be pumped into the Sh3.7 billion Greenwood City project, which is currently being constructed. The project will comprise a shopping mall, an office block and apartments. Kinoti said he is upbeat that once complete, it will be an ultimate destination for the people who value one stop centres.
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