Business Daily·3 min read·medium
KenGen purchases staff pension scheme plazas for Sh1.9bn
P
Patrick Alushula
✦AI Summary
The Kenya Electricity Generating Company (KenGen) has purchased two office buildings from its staff pension scheme for Sh1.92 billion. This move allows the pension fund to rebalance its portfolio and comply with regulatory investment limits on property exposure.
The Kenya Electricity Generating Company (KenGen) has acquired two office properties from its staff pension scheme for Sh1.92 billion, helping the fund meet prescribed investment thresholds.
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in