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Tata to invest Sh15bn in Kenya and TZ real estate

The Tata Group company is working on a plan to set up an investment platform worth $200 million for its projects in overseas markets.Pic Photo Courtesy

Tata to invest Sh15bn in Kenya and TZ real estate

After it tested the waters in Asian property markets of Sri Lanka and Maldives, Tata Housing Development Company is venturing into East Africa property market with its projects in Kenya and Tanzania spread over 70-acre mixed-use developments.

“Given the early success in two of our overseas projects in Sri Lanka and Maldives, we have decided to continue expanding our international footprint. For now, we are starting with Kenya and Tanzania in East Africa, which is a promising marke
Source:http://economictimes.indiatimes.com/

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