[quote=Ericsson]Dear Sir,

RE:AGENCY TO SELL VARIOUS LAND PARCELS ON BEHALF OF BRITAM
We are pleased to engage you to sell 3 parcels of land on behalf of Britam as follows;
1.LR NO 209/6267 located in Upper Hill.The land measures approx. 2.3 acres and the reserve price is Kes.600mn per acre

2.LR NO 12648/93 located in Lukenya along Mombasa Rd.The land measures approx. 172 acres and the reserve price is Kes.11 million per acre

3.LR 18048/49/50 located in Mlolongo,along Mombasa rd.The land measures approx. 25 acres and reserve price is Kes.46 million per acre

4.Britam Center LR NO 209/10520 located in Upper Hill Nairobi.Land size approx. 1.6 acre,fully developed with an office block,the reserve price is kes.2.24bn

5.Olive Garden Plot LR NO 209/380/8 located in Hurlingham,Rose Avenue off Arwings Kodhek Rd.Land approx. 0.6 acres,reserve price kes.280m

6.Ngong Land LR NO Ngong/Ngong/46 located in Ngong town measuring approximately 21 acres.The reserve price is kes.1 billion

NB/The commission payable will be 3% of the sale value.

Kindly confirm your acceptance of this appointment by responding to this letter.We look forward to hearing from you soonest.

Yours faithfully
Britam properties Ltd

Raphael Mwito
AG. General Manager

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They say 3 parcels for sale but have 6 listed... hoping this isn't how they do their accounts..

I remember chasing this candy at 30 bob a piece a while back

Then deep pockets sinking in billions for a huge chunk at 15

Today morning it's at 6.6

Markets can be brutal

Deep pockets taking advantage of bear to mop up and increae their holdings.

a.k.a averaging down kamikaze style



Meaning when bull run returns there'll be less liquidity (since they are unlikely to sell) and faster price appreciation.

But Africinvest are large faceless corporations that don’t feel pain of loss paper or otherwise

What happened to the sweet candy