Shelter Afrique eyes middle-income segment

Shelter Afrique has penned a Sh 2.6 billion with local company Kingspride that will see the construction of 440 housing units targeted at the middle-income segment. Shelter Afrique will provide the funding while Kingspride will provide land and other components of the project to start next month. Sjleter Afrique's Director, Femi Adewole, revealed that the partnership is a response by the institution to bridge the huge housing gap in the country.
"The local property market is grappling with huge supply gap thus requiring all the players to combine efforts in order to produce more units," said Adewole, of the projects that will see the houses constructed at Ruaka and Kiambu town.