NAIROBI, KENYA: Actis, a leading growth markets investor and Shapoorji Pallonji Real Estate (SPRE), the real estate arm of one of India’s largest conglomerates, are set to launch a new real estate joint-venture platform to meet the demand for affordable and middle-income housing in the sub-Saharan African region, starting with Kenya.
The residential development platform has been established to capitalize on the demand for quality homes at affordable and competitive price points.