Latest posts by Kimani Patrick (see all)
- Optiven Group and Fusion Capital Limited (FCL) Enter Into a Strategic Partnership - May 28, 2018
- In Detail: The Finance Summit 2018 - May 26, 2018
- The Finance Summit – 9th October 2018 at Laico Regency Hotel - May 22, 2018
Optiven Group and Fusion Capital Limited (FCL) today (May 25th 2018) entered into a strategic partnership that has culminated to the launch of Amani Ridge – The Place of Peace, an ultra-modern high end mini-city in Kiambu County.
Amani Ridge – The Place of Peace, which neighbors the Tatu City and Nova Pioneer will offer its residents a first class experience with top of the range amenities available within the high-end property.
Speaking during the launch, Optiven Group’s CEO, Mr George’s Wachiuri noted that this partnership is another milestone by the firm on its way towards economically and socially empowering and transforming the society.
“We, in the Real Estate sector and indeed the Private sector as a whole must be at the fore-front with regards to assisting the Government to achieve its Big Four agenda, one of which is to provide housing for our Citizenry,” said Mr. Wachiuri.
The launch of Amani Ridge – The Place of Peace, he noted, will go a long way in catalyzing both the County of Kiambu and the country’s overall economic growth both in the medium and long-term.
On his part, The Group Chief Executive, Fusion Capital Mr. Daniel Kamau noted that his firm takes pride in its ability to work closely with partners in the industry. “We are proud to have partnered with Optiven, a journey that has culminated to this wonderful occasion. We are hopeful that this is just the beginning of a wonderful partnership and thank you all for turning up this morning to witness it,” said Mr. Daniel.
The Group Chairman, Fusion Capital Mr. Phil Goodwin pointed out that Real estate remains a booming opportunity for Africa focused investors for good reasons. “The growth of African cities has created demand for increased volumes of high-quality commercial and residential real estate,” he said.
The Chairman added: “It’s indeed an exciting time for Fusion and Optiven – our achievements are remarkable, and the overall outlook for Amani Ridge optimistic.”
On his part, The County Governor Of Kiambu County His Excellency Hon Ferdinand Waititu, who was the Chief Guest at the event noted that the real estate sector is a growth sector in Kenya and more so in Kiambu. “The sector has outgrown the economy in recent years, with demand for housing still at a level that falls far below the supply; and it is for this reason that we welcome investments into the county such as the one we are launching today,” noted
The Governor noted that the benefits of investments such as Amani Ridge are triple fold: “Not only does it provide the much needed housing, but it also creates employment which has a trickledown effect. These are the kind of investments and activities that we will want to encourage as they keep our young people engaged, focused and fruitful,” he said.
About Optiven Group
Optiven Group is a leading brand in East Africa and has a number of distinct subsidiaries that include Real Estate, Construction and Hospitality.
Captained by its Founder and CEO, Mr. George Wachiuri, the Group is rightly living up to its vision, which is to be pacesetters in social economic transformation. Optiven Real Estate’s flagship product is Value Added Plots, which are particularly enhanced to suit immediate residential settlement, commercial purposes and futuristic capital gain.
Optiven is a one-stop-shop offering a two-step model for home ownership solutions to its customers.
About Fusion Capital Limited
Fusion Capital Limited is a Private Equity Firm focused on Real Estate investment and Fund Management based in East Africa. Established in 2006, Fusion operates from Rwanda, Kenya, Uganda, Tanzania and United Kingdom. Fusion’s products include real estate and money market operations. It invests in unique opportunities in the real estate scene by financing developments such as housing; Grade A office blocks and logistics/Warehousing. The firm has established its credentials and experience as a solid property developer, with an expansive and well capitalized asset portfolio which comprises 13 assets. Some of the notable real estate developments include Kigali Heights (A mixed use development in Kigali Rwanda), 4th Avenue Towers at Community Upper Hill area, Flamingo Towers in Upperhill, Galaxy Gardens in Ruiru (proposed residential development site), Grande Park Estate in Nakuru, Goldmark in Uganda amongst others.
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