Business NewsCentum Investment Group says had not recorded any losses on its property businessCentum Investment Group has not quit the property market. Responding to an article carried by our sister publication, Financial Standard, Centum Real Estate Managing Director Simon Kariuki also said that the Nairobi Securities Exchange-listed company had not recorded any losses on its property business. He added that more than 426 of the units under construction are projected to be complete and handed over to their owners in the financial year ending March 31, 2021. SEE ALSO: West will not save us from pandemic“Customers have already paid over Sh2 billion cash deposits for the houses. In an interview with Financial Standard, Kariuki said the company will not develop new commercial rental property in the next five years.

Source: Standard Digital June 16, 2020 16:41 UTC