[VIDEO/PHOTOS]: Kigali Heights equity holders assess construction works

Less than four months before Kigali Heights opens for business, a group of equity holders from Fusion Capital, a Kenyan firm that invested in the project, yesterday, inspected the on-going construction works.

Tuesday, February 02, 2016
Karera (C) shows Fusion Capital officials progress of works at Kigali Heights yesterday. (Timothy Kisambira)

Less than four months before Kigali Heights opens for trade, a group of equity holders from Fusion Capital, a Kenyan firm that has financed the entire construction activities of the complex, yesterday, inspected the on-going construction works.

Video: Kigali Heights equity holders assess construction works. Source: The New Times/YouTube.

While we were unable to talk to the investors, Denis Karera, the managing director of Kigali Heights, said the team was in town to follow up on the project.

"This wasn’t a visit, like usual, we are following up on activities taking place and see when we are to open it up,” Karera said.

"We’ve so far reached very far, and we hope to open in less than four months. We can also say that several companies have already booked space and others have expressed their interest, for instance, the ground level (shopping mall) has already been booked.”

According to Karera, Kigali Heights is expected to deliver a world class office block with 12,750 square metres of class office space, 5,250 square metres of prime retail space, and 300 car parking spaces.

Part of the building will offer a roof top terrace that may be used for corporate events.

The construction of the $37 million modern mall began in 2013, and was launched with expectation to help change the face of the City of Kigali and boost the economy.

Worker at Kigali Heights yesterday. (All photos by Timothy Kisambira)

Fusion Capital is a real estate investment and private equity firm based in East Africa. It was founded by Luke Kinoti and Phil Goodwin.

editorial@newtimes.co.rw