Housing Finance has advanced a loan to the Buffalo Mall Developers. The Ksh 425million will be combined with investors’ equity to finance phase one of the project.
Buffalo Mall is a 22,210 square metre mall situated on an 8-hectare farm hived off from the Delamere Farm. The Delamere family owns 25% of the investment. 75% is held by London-based Lloyd Capital Partners.
For more information read the Business Daily article.