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Equity firm turns guns on cheap housing

Migosi police houses building in Kisumu county which is currently under construction. Over 100 police from Kisumu will benefit from 180 million national government police housing project.

Consonance Investment Managers Ltd has acquired a stake in East Africa real estate firm Century Developments Ltd Group for an undisclosed fee.

The firm, through its maiden fund Consonance Kuramo Special Opportunities Fund I intends to pump in Sh20 billion in five years on education, affordable housing, industrial warehousing and healthcare sectors across East Africa and selected African markets.

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