Updated 16 hr(s) 14 min(s) ago
By Standard Reporter
Nairobi played host to inaugural African Real Estate and Housing Finance (AREHF) awards held at Crown Plaza. The awards that were specially designed for the real estate and emerging housing finance markets in Africa premiered in Kenya with various players scooping first positions.
The high-profile event recognised and celebrated industry players who have made significant social, economic as well as developmental impact through their businesses.
Roland Igbinoba, Director Board of Trustees, AREHF Academy, said the awards were an avenue to celebrate entrepreneurial development.
"I am happy to note that within our nominations, we have a blend of real estate players. It is my hope that everyone will be a winner," Igbinoba said. Kenya?s Housing Finance Corporation emerged the best real estate lending institution. Other winners from Kenya included Strathmore Business School, which won the best green building development while Hass Consult emerged the best real estate development company. Coca-Cola plaza won the best innovative real estate development.
Other winners were HFC Bank Ghana, which emerged the best mortgage provider. Bridge City Shopping Centre in South Africa was the best real estate public private partnership while Victoria Resident in Nigeria won the best middle/low-income residential development. Blue Rose Limited in Ghana was the best low income/affordable residential developer.
Kenya?s One Riverside Drive developed by AMS Properties Limited emerged the best residential real estate infrastructural development while Pangoni Beach resort by Oak Park Properties Limited won the best architectural design. Mandhir Construction Limited and Housing Development Finance Corporation Limited-India emerged the best construction company for real estate and best foreign enterprise in real estate.
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