This archive report was first published on 5 December 2019.
On November 18, Cytonn Real Estate made history by being named the most innovative community developer (mixed use) in Kenya during the International Finance Awards.
The prestigious award is a testament to Cytonn's commitment to excellence in the residential and commercial property space in emerging markets.
Questworks Limited, another Kenyan company, was also recognized for its outstanding work in the real estate sector, being named the best real estate contractor by the magazine.
Questworks' impressive portfolio includes notable clients such as Siginon Group, Dyer & Blair, and Strathmore University, with completed and ongoing projects like the Nairobi West Hospital expansion, Avana Apartments, Pacis Centre, and Strathmore University Law School.
"The entire award process is strictly supervised by expert panelists comprising key subject matter experts taking extensive care in providing true in-depth analysis and review based on performance," said a representative from the International Finance Magazine.
Cytonn's The Alma project in Kiambu County was a key factor in the company's win, featuring a retail centre, gym, swimming pool, nursery school, and gardens, among other amenities.
According to Daniel Mainye, a manager at Cytonn, "Mixed-use developments are meant to be self-sufficient, meaning residents do not have to go outside the development to get certain goods or services to make their living experience complete."
The company is set to embark on the second phase of The Alma, a testament to its commitment to innovation and excellence in the real estate sector.
