Equity firm opens new Mall in Meru
INVESTMENT: Private equity firm, Fusion Capital has launched its key Greenwood City Mall in Meru town, opening doors for Naivas Supermarket as its anchor tenant.
The firm is seeking to boost the retail sector trade along the Nkubu, Isiolo, Chuka and other neighboring towns. Naivas entrance is, therefore, expected to play a significant role, especially during this last quarter of the year often associated with increased business activities and travels.
“It (Greenwood mall) will become a destination for proper brands seeking to serve the Meru and the wider Mount Kenya market. Fusion is keen to maintain its track record of trust and delivery,” said Daniel Kamau, Fusion Capital CEO. Greenwood City is a phased development that upon full completion will comprise the mall, an office block and an apartment block.