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TATU CITY....A MEGA INVESTMENT OPPORTUNITY??
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maina20
#1 Posted : Monday, October 25, 2010 9:15:56 AM
Rank: Member

Joined: 7/21/2010
Posts: 249
Location: nairobi
Guys, with the this new kid in the block....who knows how we can get a piece of the cake?....http://www.businessdailyafrica.com/Corporate%20News/Nairobi%20gets%20mega%20real%20estate%20plan%20from%20Russia/-/539550/1039360/-/118m01k/-/index.html
..desire to succeed is always fighting with fear of failure..
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obiero
#2 Posted : Monday, October 25, 2010 9:48:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
given the location, 2 bedroom houses are likely to retail at ksh12m. hizi ni za wenyewe, not average people
COOP, IMH, KEGN, KQ, MTNU
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My 2 cents
#3 Posted : Monday, October 25, 2010 10:13:05 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,091
I will believe it when I see it. I mean 'the project'
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innocent
#4 Posted : Monday, October 25, 2010 10:40:26 AM
Rank: Member

Joined: 3/27/2007
Posts: 57
This a real deal! I understand the big shots from mt Kenya (njenga karume et al) are behind it. Bidco's CEO is also in (as chairman, I think). City will be built on 2,500 acres of land and will have at least 60,000 people living and working there, with another 20,000 walking/driving and out daily!
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  | | Edit by user: Monday, October 25, 2010 10:41 AM | Reason: Not specified
dave.kim
#5 Posted : Monday, October 25, 2010 11:53:34 AM
Rank: Member

Joined: 6/25/2010
Posts: 176
what i would like to know is who the mortgage financiers will be and the cement company involved in supply..
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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maina20
#6 Posted : Monday, October 25, 2010 12:09:25 PM
Rank: Member

Joined: 7/21/2010
Posts: 249
Location: nairobi
Renaissance Capital, the Moscow-based investment bank....cement company?....i hope local one, since though most investors like the road contractors are importing to cut cost..
..desire to succeed is always fighting with fear of failure..
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Njung'e
#7 Posted : Monday, October 25, 2010 12:30:54 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Really huge.....but i must pity the coffee sector now.
Nothing great was ever achieved without enthusiasm.
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Injere
#8 Posted : Monday, October 25, 2010 1:52:20 PM
Rank: Member

Joined: 4/7/2010
Posts: 130
Dreams are made of stuff like this.....the scale and grandeur not to mention the resources with an appetite for kenyan country risk are simply improbable in my opinion. It's good for headlines though.
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Njung'e
#9 Posted : Monday, October 25, 2010 2:54:20 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Injere,
Renaissance is big.....to the extent the Ithe wa Jimmi himself will attend the launch.That can't be an April fools day joke.
Nothing great was ever achieved without enthusiasm.
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mukiha
#10 Posted : Monday, October 25, 2010 3:03:47 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Njung'e wrote:
Really huge.....but i must pity the coffee sector now.

Some agro-economists argue that Kenya produces too much of its superior quality coffee, thus flooding the world market and depressing prices. They say that Kenya needs to reduce the output in order to increase the TOTAL EARNINGS from the crop...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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