Thursday, February 18th 2016
tag: Progress Update
NAIROBI, Kenya, Feb 18 – Cytonn Investments and Finland-based NASDAQ OMX listed Taaleri Private Equity Funds are to increase notably their commitment to finance additional real estate projects in Kenya. Under the allocation increase, Taaleri will provide further development capital that will be deployed to the real estate sector through Cytonn Real Estate, whose deal pipeline now stands at Sh56 billion.
This was revealed after an executive team from Taaleri, led by Taaleri’s Founding Partner and Legal Counsel Marko Backström and Private Equity Analyst Pontus Oinonen, visited Cytonn offices in Nairobi to complete documentation as well as visit Cytonn’s ongoing development projects.