Cytonn Investment signs deal with SBM banks for property development

KTN News Mar 18,2019


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In the latest deal that will spark of a fresh round of real estate investments, property firm Cytonn investments has signed on a 650 million shilling loan facility with state bank of Mauritius (SBM Bank Kenya) as it seeks to bring in long?term debt to complement its private markets funding, Cytonn real estate, the development affiliate of Cytonn investments, will direct the loan facility towards completion of the alma in Ruaka.