Centum Real Estate

What Centum Real Estate does

Centum Real Estate Limited is a Kenya-based private real estate developer and wholly-owned subsidiary of Centum Investment Company Plc, East Africa's largest listed investment firm (founded 1967, dual-listed on the Nairobi and Uganda Securities Exchanges). Established in 2009 as the parent's flagship property arm, the company develops and sells mixed-use urban projects across an 11,000+ acre portfolio spanning three nodes: Two Rivers and Gigiri in Nairobi (Kenya), the 10,254-acre coastal Vipingo Development in Kilifi (Kenya), and the 380-acre Pearl Marina Estates on Lake Victoria in Entebbe (Uganda). The product set spans residential apartments (Riverbank Executive Apartments, Cascadia, 26 Mzizi Court, 1255 Palm Ridge), luxury duplexes and bungalows (Loft Residences, The One Duplexes, Awali Estate, La Perla), townhouses (Riviera), serviced residential and commercial plots (Kingswood Park, Vipingo Investment Park), and a recurring rental stream via rent.centumre.co.ke. Reported scale metrics include 800+ delivered homes and an asset base exceeding KES 40 billion.

The underlying master-development model bundles land acquisition, planning, on-site infrastructure (including a 3 million litre-per-day sea water desalination plant and dedicated power substation at Vipingo), construction phasing, and direct sales — underwritten by Centum Investment Company Plc's balance sheet. Centum Real Estate monetizes primarily through one-time property sales (units and land parcels) priced in KES for Kenya and USD for Uganda, with monthly rentals from KES 150,000 to KES 350,000 supplying a smaller recurring stream. Go-to-market is direct-to-consumer via sales offices at each node, project-specific microsites, phone, and dedicated WhatsApp inquiry lines; no third-party broker or marketplace channel is used. Customer segments cover individual homebuyers and investors, lifestyle and retirement buyers at coastal locations, regional and international buyers at Pearl Marina, and commercial/industrial land investors at Vipingo.

Name

Centum Real Estate

Legal name

Centum Real Estate Limited

Website

https://centumre.co.ke

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

Centum Real Estate Limited is a Kenya-based mixed-use real estate developer and subsidiary of Centum Investment Company Plc, building and selling residential, land, and rental properties across 11,000+ acres in Nairobi, Vipingo (Kenya), and Entebbe (Uganda) via direct sales offices and project microsites.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Building Construction (23611), Land Subdivision (237210), Rental and Leasing Services (532), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Mixed-use real estate development
• Residential property sales
• Serviced land development
• Master-planned communities
• Luxury apartments Kenya

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Marketing or Sales

Revenue model

1. Residential Property Sales: Sale of residential units including apartments, duplexes, maisonettes, and bungalows across developments in Nairobi, Vipingo (Kenya), and Entebbe (Uganda). One-time transaction model with property ownership transfer to buyers.
2. Land Sales: Sale of residential and commercial land parcels at various developments including Vipingo (serviced plots) and Pearl Marina Uganda. One-time transaction model.
3. Residential Rentals: Rental income from residential units including Loft and Riverbank apartments in Nairobi. Properties offered furnished or unfurnished with monthly rental rates ranging from KES 150,000 to KES 350,000.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Centum Real Estate develops master-planned mixed-use urban developments spanning over 11,000 acres in Kenya and Uganda. The company sells residential units (apartments, duplexes, maisonettes, bungalows), serviced residential and commercial land parcels, and operates residential rental services. Core developments include Two Rivers (Nairobi), Vipingo Development (Kilifi coast), and Pearl Marina Estates (Entebbe, Uganda).

Product overview

Centum Real Estate is the flagship real estate developer of Centum Investment Company Plc, East Africa's largest listed investment firm. Since 2009, the company has established itself as a premier mixed-use urban developer with developments spanning over 11,000 acres across Kenya and Uganda. The portfolio comprises three main geographic markets: Nairobi (Kenya), Vipingo (Kilifi, Kenya), and Entebbe (Uganda). In Nairobi, key projects include Riverbank Executive Apartments (luxury high-rise), Loft at Two Rivers (4-bedroom duplexes), Cascadia Apartments (smart home-enabled), Mzizi Court (affordable apartments), The One Duplexes (luxury 3-bedroom), and 265 Elmer One (Kasarani investment). The Vipingo Development along the Kenyan coast spans 10,254 acres offering Awali Estate (bungalows/maisonettes), 1255 Palm Ridge (apartments), and Kingswood Serviced Plots. Pearl Marina Estates in Uganda covers 380 acres on Lake Victoria with Bella Vista, La Perla, Riviera Townhouses, and land plots. The company also operates residential rental services through rent.centumre.co.ke.

Differentiator

Problem solved

Functional benefit

Brands

• Vipingo Development: Premier coastal real estate development spanning 10,254 acres along the Kenyan coast, offering residential homes, serviced plots, commercial, hospitality and institutional sectors
• Pearl Marina Estates

Products and services

• Riverbank Executive Apartments Modern luxury apartments within Two Rivers Development in Nairobi, comprising 108 units in a 21-story tower with 1, 2, and 3-bedroom configurations each with servant quarter option. Priced from KES 17.4M (1BR), KES 25.6M (2BR), and KES 37M (3BR). Also available for rent from KES 150,000.
• Loft at Two Rivers Luxurious 4-bedroom duplexes in the Diplomatic Blue Zone of Nairobi's Gigiri area with two-level layouts, club house access, landscaped courtyards, and solar water heating. Phase 1 sold out.
• Cascadia Apartments Luxury apartments within the Two Rivers mixed-use development featuring smart home technology, solar water heating, multi-level clubhouse with heated pool and gym, and reticulated gas for all units.
• Mzizi Court Apartments Affordable apartments within Two Rivers Development in the UN-approved diplomatic blue zone offering 1-bedroom, 2-bedroom, and 3-bedroom units including loft configurations. Priced from KES 5.53M (Junior 1BR). Phase 1 sold out, Phase 2 sales ongoing.
• The One Duplexes 3-bedroom luxury duplexes at Two Rivers featuring double height ceilings, private balconies, green wall facade, and solar water heating. Priced from KES 40 million.
• 265 Elmer One Apartments Premium structured real estate investment in Kasarani, Nairobi offering capital appreciation and rental returns for investors.
• Residential Rentals Short-term and long-term residential rental services including Loft and Riverbank apartments in Nairobi, with furnished and unfurnished options. Rental rates range from KES 150,000 to KES 350,000 monthly.
• Awali Estate Maisonettes and bungalows at Vipingo Development along the Kenyan coast. Priced from KES 15.5 million. Phase 1 sold out, Phase 2 available.
• 1255 Palm Ridge Studio, 1, 2, and 3-bedroom apartments at Vipingo Development. Priced from KES 2.45 million. Phase 1 sold out, Phase 2 available.
• Kingswood Serviced Plots Serviced residential and commercial land plots at Vipingo Development, with residential plots from 1/8th acre and commercial/industrial land from 1 acre. Priced from KES 3 million.
• Vipingo Investment Park Industrial and commercial plots at Vipingo Development featuring on-site infrastructure including desalination plant and power substation.
• Pearl Marina Estates 380-acre luxury lakefront development in Garuga-Entebbe, Uganda along Lake Victoria with over 3 kilometers of lake frontage, featuring Bella Vista apartments (from USD 56,000), La Perla bungalows (from USD 165,000), Riviera Townhouses (from USD 280,000), and Kingswood park plots (from USD 41K). Over 450 residential units under construction.

Quantifiable outcome

• 800+ delivered homes demonstrating track record of project completion
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/CentumRE
• TikToktiktok.com/@centumrealestate
• Facebookfacebook.com/CentumRe
• LinkedInlinkedin.com/company/centum-re

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Centum Real Estate