Tilisi is pleased to announce that IHS Kenya Green Housing Fund has purchased 2.5 acres of residential land within Tilisi for the development of over 200 EDGE Certified Green affordable housing units.
Tilisi is a 400-acre master-planned mixed-use, mixed-income controlled development strategically located 30 minutes away from Nairobi CBD with easy access to major business nodes and the region. Tilisi’s vision is to create a city with a lasting legacy that will serve Kenyans for generations to come. At Tilisi, we are building a sustainable and integrated 15-minute city, blending residential, commercial, industrial, and recreational spaces.
Tilisi enhances the overall quality of life for its residents and those working at Tilisi. Tilisi is over 75% sold and under development for various land uses. Currently, Tilisi offers villas, townhouses, semi detached housing and apartments. IHS brings yet another offering of 2 and 3 bedroom apartments to Tilisi. Tilisi’s thriving community is already home to over 200 families, 20 businesses, a kindergarten and primary school – Naisula. Tilisi has sold land for a hospital, a retail center to be developed by Maisha both expected to be operational in 2027 and several more businesses all in the planning and construction phases. All of these amenities are accessible within a 15 minute walk. This sale to IHS further solidifies Tilisi’s status as a prime residential address in Kenya.
International Housing Solutions is a private equity fund manager focused on affordable housing in Africa. IHS has established and manages six affordable housing vehicles as well as a previously listed REIT on the Johannesburg Stock Exchange. Having raised more than US$740M in capital and delivered more than 30,000 units to the market, IHS has developed a solid track record in the African affordable housing space and has operations across four countries in the Sub-Saharan African region (South Africa, Namibia, Botswana and Kenya). IHS is a wholly owned subsidiary of the US-based Hunt Companies group, a real estate and infrastructure fund manager.
Tilisi CEO, Mr. Graeme Reid voiced his excitement at this strategic partnership with IHS saying “Our vision has always been to create more than just a collection of buildings. We are building a place where integrated communities thrive and flourish in a beautiful, clean, and secure environment. The IHS Kenya Green Housing Fund shares our passion for sustainable development. IHS’ investment in Tilisi underscores the attractiveness of our offer for developers – fully serviced land parcels in a strategically located, sustainable and integrated neighborhood.”
“This land acquisition reinforces IHS’s focused strategy of the development of green affordable housing across Africa. Through our investment in climate-friendly affordable housing, our projects help create jobs, grow skills and stimulate economic development.” said Mr. Kioi Wambaa, Managing Director, IHS Kenya.
For media inquiries, please contact:
TILISI DEVELOPMENTS PLC
Dennis Waithaka
Marketing Executive
marketing@tilisi.co.ke | +254 (0) 110 714 201
IHS KENYA GREEN HOUSING FUND
Winnie Njeri
Marketing, Sales and Public Relations
pr@ihsinvestments.co.ke | +254 719 447 777
