Grit Real Estate Income Group is preparing to dispose of a substantial portfolio of Kenyan properties valued at approximately KSh 20.5 billion as the company undertakes a wider financial restructuring.
The planned sales involve several income-generating properties, including Buffalo Mall in Naivasha, Rosslyn Grove in Nairobi, office developments at Tatu City and industrial properties along Mombasa Road.
The portfolio was valued at approximately US$158.2 million in June 2025, according to reporting on the company’s planned asset disposals.
The proposed sales represent a significant development in Kenya’s commercial property investment market.
For potential investors, the planned disposals could create opportunities to acquire established commercial properties with existing income-generating potential.
However, the final sale prices will depend on negotiations with interested buyers, lenders and other stakeholders.
The development also highlights the financial pressures facing some property investment companies and the importance of effective asset management in the real estate sector.
As Kenya’s commercial property market continues evolving, investors will be watching closely to see how the proposed transactions affect property ownership and investment activity.
Source: Grit Real Estate property portfolio sale – MjengoHub