Cytonn Real Estate, the development affiliate company of Cytonn Investments, hosted bankers and institutional investors to an exclusive, private, invite-only cocktail on Thursday to introduce them to the Cytonn Project Notes (CPN).
Cytonn Project Notes is an investment opportunity for investors to earn up to 20 percent p.a returns by investing in a pool of specific de-risked Cytonn Real Estate projects over a defined period.
Section of bankers and institutional investors during the CPN launch
The CPN that targets high-net worth individuals and institutions, comes on the back of Amara Ridge, which is now 100% sold and has returned to the project investors an annualized 33% return.
Speaking at the event, Elizabeth N. Nkukuu, CFA, Chief Investment Officer and Head of Cytonn Real Estate noted that Cytonn has unique concept designs that arise from partnerships with global consultants in countries such as Dubai, bringing superior quality products to the market. "Our concept development team in collaboration with the project management function work tirelessly to deliver the products of the firm to the clients and investors” she added.
Elizabeth N. Nkukuu launching CPN to bankers and institutional investors
Cytonn Investments Financial Controller Shiv Arora said, “this is a structured debt instrument backed by a Real Estate project where investors buy into the note which guarantees them a return. The notes can be structured in such a way that the return is supported by cash flows from sale agreements rather than speculative development plans.”
Shiv Arora answering questions from guests
The project notes that were launched a fortnight ago are a part of our move towards the Cytonn mission of delivering innovative and differentiated solutions that speak to our client’s needs.
