Founded on a long term trusted relationship, Property One and NW Realite’s CEO, Ken Wathome along with Greg Vestri and Peter Mawditt from VGS are investing in land and development in one of Africa’s most booming economies: Kenya.
Nairobi, Kenya, London, UK & Texas, USA – May 2015 –VGS concluded a strategic relationship with long trusted friend and company, Property One Ltd by creating a 55 million KES pursuit fund (nearly $550,000 USD). The funds will be used in a variety of ways to invest in Kenya’s rapidly advancing real estate and land development.
Peter Mawditt says, "The fund allows Property One and their company affiliate NW Realite to take rapid action when land development and building opportunities emerge to meet the growing demand for first time home ownership. VGS is proud to partner with leaders in Kenya’s future and enable one of Africa’s fastest growing and stable economies."
Ken Wathome says, "It's exciting to be able to facilitate direct foreign investment with trusted relationships for the benefit of Kenyan's and the rapidly growing economy"
Greg Vestri says, "This relationship utilizes VGS best practices in land development and property management in the US to a new context. The countries in Africa are emerging as some of the best opportunities for investment and we are excited to be part of the journey."
About Vestment Global Services LLC
The VGS team has more than 50 years of active, global management experience in start-up, scale-up, transitional leadership, change management, project management, organization design and operations management across technology, banking, property development, management consulting and relief & development sectors. VGS works with innovative companies, Non-profits and individuals to integrate purpose with profit. VGS has the unique connections to invest in opportutnies through a trusted network before many have the opportunity. VGS enhances those investments with strategic advisory services to equip aspiring leaders, developing platforms to scale excellence globally and innovating impact investing. For more information visit VGS at www.vestmentgs.com
About NW Realite Limited
NW Realite Limited is a property consultancy firm established out of a merger of competencies between Ngotho Wathome Limited (Incorporated in 1992) and Realite Limited (Incorporated in 1999) having over eighteen (18) years active presence in the Real Estate Industry in Kenya. The firm, which is 100% locally owned, provides valuation, property management, facilities management, estate agency and property development consultancy services. NW Realite has its Head Office in Nairobi and site offices in Mombasa, Nakuru, Thika, and Karatina towns. NW Realite strives to provide world class services that satisfy and add value to clients and stakeholders in real estate consultancy and development. http://nwrealite.co.ke/index.php/abouts
About Property One Limited
Property One Limited was created out of a country wide need for land to be developed that meets the need of the first home buyer and growing middle class. The firm, which is 100% locally owned, provides site selection, land planning, deal structuring, and land development that is construction ready. Property One has its Head Office in Nairobi and site offices in Mombasa, Nakuru, Thika, and Karatina towns.