Cytonn Towers, the Kshs. 20 billion iconic flagship development by Cytonn Real Estate registered 20% presales on the first day of launch.
The Iconic Cytonn Towers.
The development is situated on a 4-acre land in Nairobi’s Kilimani area and upon completion, is set to become Nairobi’s premier business, shopping, entertainment, and residential address as it epitomizes set class standards for real estate. The triplex towers are inspired by Dubai’s Contemporary design and borrows heavily from the 1980s and 1980s creative movement in Kenya. Once completed, the three 35 story towers will house 30 typical offices floors, 180 Hotel rooms, 160 Serviced Apartments, more than 180 two and three bedroom duplex apartments & penthouse suites and a Retail Podium that will accommodate a shopping mall with high-end boutique & convenience retail outlets, a food court, recreational plaza, and hypermarket.
Cytonn Towers is expected to become a benchmark for future developments in Nairobi as it will house the largest ballroom in Kenya, the highest suspended sky bridge restaurant in Africa, and the largest elevated infinity edge pool.
Patricia Wanjama, Cytonn’s our Head of Legal & Company Secretary (R), takes Prof. Daniel Mugendi, Cytonn’s Board Chairman (L) and Prof. Jane Wangari Mugendi (Center), through the beautiful Cytonn Towers design.
Cytonn’s clients and their families were treated to an entertaining afternoon full of music, food, and pomp. At the reception, the clients were treated to a comprehensive captivating view of the project on renders in a meticulously organized exhibition room.
Hetal P. Nathwani, Cytonn Investments' Relationship Management Analyst (R), engaging with our guests during the launch of Cytonn Towers.
Unveiling the Cytonn Towers project, the architect, Paul Oburu of Aspera Designs noted that “Cytonn Towers will provide potential clients with the best view of the Nairobi city and Ngong Hills, with Mt. Kenya and Mt Kilimanjaro being visible in the early morning.” James Maina, Cytonn’s Project Management Board Member, noted that Cytonn Towers marks the beginning of a new phase in real estate investment, where lifestyle changes demand effective use of space.
Our guests got a chance to engage with Cytonn’s Financial Advisors during the launch of Cytonn Towers.
The launch was successful as 20% of the units were reserved. Real Estate remains to be one of the highest-rewarding asset classes with average returns of up to 25%. Commenting on the event, Anne Nyambura the Project Management Analyst said, “Kilimani is the perfect location for a mixed-use development given the high-density population with an attractive demographic and economic profile. Our presales target for residential component was 10% and we achieved twice the target on the first day of sales. We have received keen interest on the retail space from all the major retailers. The interest in buying commercial office space is strong. It is clear that the concept, which was based on rigorous research, has been very well received by the market.”
To be part of Cytonn Towers, visit: http://bit.ly/TheCytonnTowers
