Socialize

Eco-friendly Housing Development in Kenya


Thursday, June 12, 2008
By:
Print Print    Email Email

Francis Kihanya, the CEO of Manyatta, a real estate consulting company, is in the US to market Hacienda Eco-City (link here) to Kenya’s Diaspora community. Manyatta is the international marketing agent of Pangaea Development Holdings Limited, a Pan African regional property investment and development company which is building an eco-friendly housing complex at the Kenyan Indian Ocean coast. 

The first of its kind in Africa, the aptly named Hacienda Eco-City, will be wind and solar powered. In an effort to greening the city-within-a-city, the developers the development will be solar powered and will utilize water from its wetlands allowing the property to be self-sufficient. 

The Hacienda Eco-City will have about 6000 houses in Mombasa : the housing developer-Hacienda Development Holding — will complete the first 700 houses by the beginning of next year. The units will range from two-bedroom apartments to 4 bedroom stand alone bungalows. 

“The housing market in Kenya is driven by need,” says Kihanya. From his assessment of the market, there is a dire need of housing for low income and middle income housing. With the units priced between $45,000 and $60,000, both Manyatta and Pangaea are committed to serving this need. 

For more information on the Hacienda eco-city, visit Manyatta’s website (www.manyatta4u.com).

Below find information on Hacienda’s Minnesota marketing event where Eric G. Postel, Director – Hacienda  and Francis Kihanya of Manyatta will hold a briefing session with potential investors:

6pm June 27th, 2008—Hilton Garden Inn, 1050 Gramise Road, Shoreview, Mn

The rest of the US Tour:
Chicago, Il  – July 11th,
Boston, Ma – July 18th,
Washington DC – July 19th.
Dates for Dallas, TX  and Atlanta, GA will be announced later this year.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Share on Facebook0Tweet about this on Twitter0

About Julia N. Opoti

A former Mshale editor, Julia Nekessa Opoti is now the producer and host of the radio show: Reflections of New Minnesotans on AM950 . She also edits/publishes Kenya Imagine

You must be logged in to post a comment Login