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Britam has embarked on a diversification project that will see it lower its investment in the money markets and raise real estate to between 20 and 30 per cent of its asset mix from the current 16 per cent.
Planned investments will push the company’s real estate portfolio to between Sh25-35 billion in the next decade include a Sh12 billion mall to be constructed in Kileleshwa, a 50,000 square-metre logistic park near Mlolongo and on-going construction of serviced apartments in Kilimani, Nairobi.
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