Cytonn Real Estate Set to Hand Over Phase III of Its Comprehensive-Lifestyle Masterpiece Project, The Alma

Cytonn Real Estate, the development affiliate of Cytonn Investments Management Plc, will hand over the third phase of its Ksh 5 billion flagship project, The Alma, on Tuesday 22nd December 2020.

The Alma is Nairobi’s most Comprehensive Lifestyle Development packed with amenities – a retail centre, a daycare centre, a fitness club with a gym and aerobics studio, a heated swimming pool, back-up power and water supply, elevated gardens for children to play away from cars, rooftop terraces as social spaces, and a laundry cafe.

The real estate developer has delivered this phase of the project in just under two months after handing over phase II of the same. Phase I was 100% sold out by the date of the handover with phase II already gathering almost half occupancy rate.
Cytonn Real Estate has invested Ksh 5 billion in the flagship project that is revolutionizing the real estate sector in Kenya.

The Alma.

The developer will hand over phase III of the project on 22nd December with the fourth and final phase set to be handed over in Q1 2021. The comprehensive lifestyle development shows Cytonn Real Estate’s commitment to realizing Kenya’s housing goals.

Located in Ruaka, which is a 30-minute drive from Nairobi’s central business district (CBD), the Alma is a next-generation real estate project encompassing 477 modern apartments as well as other social amenities.

In its phase III handover, Cytonn Real Estate will hand over 120 units.