Centum Real Estate is now a Superbrand

By Anthony Kitimo

Mention any renowned, vibrant, and modern mixed-use urban hub that epitomises convenience and luxury, and Centum Real Estate (Centum Re) is likely to feature as the developer.

Since it was established in 1957, Centum Re has emerged as East Africa’s largest real estate developer and investment firm by crafting premier award-winning, green, master-planned urban developments in both Kenya and Uganda, that are redefining contemporary lifestyles.

The company’s commitment to developing new urban nodes across East Africa has now earned it the prestigious and much-coveted Superbrand status.

“We are honoured to be recognised by both the local and international markets as a Superbrand. This is a testament to our quality products, our good brand perception, and satisfactory product delivery,” says Kenneth Mbae, the Managing Director of Centum Re.

The company’s mixed-use projects are located in prime locations and provide residential, office, retail, hospitality and sporting amenities that enable holistic living. Convenience and security are key features of Centum Re’s developments.

Its portfolio includes the Vipingo Model City in Kilifi, Kenya; Pearl Marina Estate in Entebbe, Uganda; and Two Rivers Residences in Nairobi, Kenya.

In the post-pandemic era, Centum Re has delivered over 1,200 units, distributed across its 10,500-acre land bank in the region.

This year, Centum Re completed a total of 384 units in Kenya and Uganda, enabling its customers to achieve aspirational lifestyles, diversify their investment opportunities, and grow their wealth.

Centum Re’s value proposition is its ability to create sustainable projects where people want to live, companies want to grow, and neighbourhoods come alive. These developments not only cater for the market’s homeownership needs but also create lucrative investment opportunities for both local and foreign enterprises.

For example, the Two Rivers Residences in Nairobi offer superior quality of life by providing lifestyle amenities that are all conveniently placed within a 15-minute walking distance.

For investors, Two Rivers Residences offer stable returns through double digit rental yields and high capital gains. The Riverbank Apartments at Two Rivers appreciated in value by 20 percent between 2023 and 2024, and consistently delivers rental yields of between 10 percent and 12 percent, with high occupation rates and top-notch property management services. The residential offerings also allow investors to earn in major currencies, thus benefiting from the profitable exchange rates.

“The Centum Re brand is built on our understanding of the ever-evolving needs of the market as well as capacity to deliver innovative, tailored solutions that not only meet but also consistently exceed expectations while setting new standards in quality, reliability, and customer satisfaction,” says Mr Mbae. “This has made the market to place a lot of trust and confidence in our brand and projects,” he adds.

The Superbrand status is one of the 20 awards and recognitions that the market nominated the company for within the year globally. For example, Centum Re was recognised by Abojani Investment in Kenya for offering the Best Real Estate Value Proposition in the market. It’s projects, such as the Riverbank Apartments at Two Rivers, were recognised for their exceptional quality, by the International Property Awards (IPAX) in the United Kingdom. In addition, Centum Re’s Vipingo Model City (the largest asset in its portfolio) in Kilifi County received approval to operate a Special Economic Zone (SEZ) in Vipingo, marking it as a major access point to Kenya and the rest of East and Central Africa.

Centum Re staff have also been invited to leading property forums across the region to discuss topics such as green building and wealth creation through real estate investment.

“Centum Re being named as a Superbrand inspires and motivates us to continue placemaking urban nodes in the region, as well as to identify new innovative opportunities for establishing excellence in the real estate sector,” Mr Mbae says. “We are also committed to being responsible investors and contribute a sustainable future for our cities as well as the communities that thrive within and around them.”

Two Rivers Residences

The Two Rivers Residencesis located within the diplomatic blue zone of Runda in Nairobi, and offers residential, office, retail, hospitality, sports, and other lifestyle amenities. In 2023, Two Rivers was gazetted as a business service-focused Special Economic Zone (SEZ), granting service-oriented businesses and investment-focused enterprises within the Two Rivers International Finance and Innovation Centre (TRIFIC SEZ) access to tax and regulatory incentives, enabling them to competitively access regional and international markets.

Residences at Two Rivers include Cascadia Apartments, Riverbank Apartments, The Loft Residences, and the Two Rivers Duplexes.

Vipingo Model City

The Vipingo Model City is one of the fastest growing urban nodes in Kilifi County along Kenya’s coast. It spans over 10,200 acres.

The development provides a diverse selection of housing options, complemented by strategically available land for residential, commercial and industrial investment opportunities.

The key residential projects within Vipingo are 1255 Palm Ridge Apartments, Awali Estate, and Kingswood Park.

Pearl Marina Estate

In Uganda, Centum Re’s Pearl Marina Estate in Entebbe is a major project, designed to meet the demand for residential and recreational spaces in one of the country’s most desirable resort destinations.

Covering 389 acres along the shores of Lake Victoria, Pearl Marina is a self-contained community that offers affordable and luxury housing options alongside hospitality, commercial, retail, education, ICT, medical and recreational investment opportunities.

Key developments within Pearl Marina include Bella Vista Apartments, La Perla Bungalows, Mirabella Villas, Riviera Townhouses, Spring Field Apartments, and Kingswood Park.

More information about Centum Re’s developments is available in this downloadable PDF and also at https://centumre.co.ke/