VGS partners with NW Realite Ltd. And Property One Ltd. to close two land deals in Kenya’s leading economic community: Machakos County.
Austin, TX and Machakos county, Kenya - August 2015 - VGS has closed two separate land deals in Machakos County, Kenya that are targeted to help build the “starter home” market north of Nairobi. The land development has commenced and will include streets, water, sanitation, electricity and internet. Each lot sold includes the architectural designs for two model of homes that helps new home owners accelerate their dreams.
Greg Vestri of VGS says, "We are impressed with the vision for building community in Machakos and the innovative use of technology to leap frog the economy. Machakos was an obvious choice because of how they have demonstrated their forward thinking."
Ken Wathome of NW Realite and Property One says, “This is a prime example of the direct foreign investment we are pursuing. VGS not only sees the business opportunity, but they also value the impact on communities of Kenya for the long term. They are a trusted and valued business partner.”
Peter Mawditt of VGS says, “The short distance to railway access makes Machakos a great destination for families and career workers in Nairobi. The land and homes are designed and well priced for meeting a dire need by low/middle income families for high quality homes and community.”
About Vestment Global Services
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, management consulting and relief & development sectors. VGS works with innovative companies, Non-profits and individuals to integrate purpose with profit. VGS specializes in 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 Ltd
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. The firm operates within the confines of legal legislations that govern the practices of estate agency and valuation in Kenya.
About Property One Ltd
A Real Estate Company offering services in residential, retail, and office space letting and brokerage, as well as property development.