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Lapfund to invest Sh10b in Nakuru mall

An aerial view of Nakuru town in 2020. [File, Standard]

The Local Authorities Pension Fund (Lapfund) plans to build a Sh10 billion mixed-use development on the outskirts of Nakuru city.

The firm says this might be among the largest real estate investments in the county. Lapfund said it is planning a real estate project that will comprise a five-star hotel, office blocks, warehousing facilities, residential apartments and a commercial mall.

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