Improvon expands into Kenya
The unlisted property developer is teaming up with private equity group Actis to expand further into Africa
SA unlisted industrial property developer Improvon has teamed up with private-equity investor Actis, to build the biggest industrial real-estate investment in Kenya’s history.
The two companies have created a joint venture called ImpAct to build the 40ha industrial business park development at an estimated cost of R1.7bn. The new development will be called Nairobi Gate Industrial Park. ..