Britam to focus on real estate investments for growth

Asset managers, Britam Holdings, is focusing on real estate business to reduce investment risks and increase investor returns. “As a group, property remains an area of key focus as we diversify our portfolio to reduce risk and meet customer needs,” Benson Wairegi, Britam Holdings Group MD, said during the commissioning of a new floor that was added to the group’s flagship commercial Lang’ata House building in Nairobi at a cost of Sh43.3 million.

Acquired three years ago, the property was structured to provide US dollar-denominated returns, with investors being paid the return on their investments in dollars.  It also became the first unitised property investment in Kenya, allowing individual and institutional investors to diversify their investments.