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28 September, 2017

On Thursday 28th September 2017, Cytonn Real Estate, the development affiliate of Cytonn Investments, launched a 20 billion iconic mixed-use development named “Cytonn Towers.” The development is situated on a 4-acre land in Nairobi’s Kilimani area and upon completion, is set to become Nairobi’s premier business, shopping, entertainment, and residential address as it epitomizes set class standards for real estate. The triplex towers are inspired by Dubai’s Contemporary design and borrows heavily from the 1980s and 1980s creative movement in Kenya. Once completed, the three 35 story towers will house 30 typical offices floors, 180 Hotel rooms, 160 Serviced Apartments, more than 200 three-bedroom duplex apartments & penthouse suites and a Retail Podium that will accommodate a shopping mall with high-end boutique & convenience retail outlets, a food court, recreational plaza, and hypermarket.

The Deputy Governor, Nairobi County, Dr. Polycarp Igathe, who was the Guest of Honor at the event noted that Cytonn Towers was a welcome project for Nairobi County as the project will not only provide construction jobs for the increasing number of unemployed youths in Nairobi, but also embody the real estate development template that the county is keen to implement. “The futuristic design of Cytonn Towers shows maturity & initiative of the Kenyan Real Estate industry and we are glad to have Cytonn leading the transformation way for both mixed used development in real estate and mindset of Nairobi residents,” said Mr. Igathe

“Targeting NGOs, embassy personnel, and upper middle class, the 150 meters high triplex tower will feature several things not previously seen in Nairobi. It will house the highest suspended restaurant, the largest ball room, the largest infinity edge pool, a double horizon fitness club, an apex sky lounge, and an observatory deck that will be a celebration of what it means to be on top of Nairobi. “This represents an exciting milestone for us; a perfect opportunity for Cytonn to deliver on what we do best,” said Edwin Dande, Cytonn Investments Managing Partner and C.E.O. “With Cytonn Towers, we shall be adding to our growing real estate portfolio of exciting lifestyle developments," he added

“The development will also create 4,000 well-paying jobs, provide a live work & play environment, and compelling destination for families to unwind,” noted Paul Oburu of Aspera Designs.