Cytonn Investments is primarily focused on offering alternative investment solutions to institutional investors, individual high net worth investors and diaspora investors who are highly interested in the East African region.
It is in this same spirit of offering convenient and reliable investment solutions that Cytonn Investment has partnered with Myspace Properties in a deal that is aimed at bringing together investors who share common goals to finance development by landowners in Mombasa County.
According to the Cytonn’s Chief Investment Officer Elizabeth Nkukuu, the partnership between Cytonn and Myspace aims at raising to greater heights the quality of real estate development, creating jobs for many as well as improving the living standards of the people.
In this partnership, Cytonn Investment will be focused on mobilizing capital from its global institutional investment relationships across the world, led by Taaleritehdas of Finland while on its part, Myspace will be focused on sourcing for land partners and property sales.
The partnership between Cytonn and Myspace targets a delivery of Kshs. 5 billion in Real Estate projects at the Coast.
Cytonn Investment is also seeking partnership opportunities through joint ventures with landowners looking to develop properties so as to provide financing through Cytonn Investments and real estate project management through their affiliate, Cytonn Real Estate.
According to Myspace Properties CEO Mwenda Thuranira, the current investment industry is ripe and ready for new investment opportunities. Mr Mwenda further called on other players in the real estate sector to embrace partnerships that will see modern affordable housing availed to the rest of the country.
In real life, one of the most important goal is attaining financial fulfilment and security and Cytonn is out to make sure that this is achieved.
Cytonn Investment draws on its 45 years of collective investment experience to understand everyone’s investment needs, partner with them and together, create a personalized solution.
Cytonn Investments is an alternatives investments company with projects worth over 49 billion shillings under their mandate.