Home Afrika Developers – The Leading Developers Behind Runda Mumwe

Home Afrika developers – The Leading Developers Behind Runda Mumwe

Runda Mumwe is one of Nairobi’s most prestigious upcoming residential communities, offering luxury living within the exclusive Runda neighbourhood. Developed by Home Afrika Communities Ltd, Runda Mumwe represents the developer’s vision for high-end, master-planned projects targeted at discerning home buyers.

In this article, we take a closer look at Home Afrika, the respected real estate firm behind Runda Mumwe.

Overview of Home Afrika

Home Afrika Communities Ltd is part of the Home Afrika group, one of Kenya’s leading property developers. With a focus on luxury estates and gated communities, Home Afrika caters to the needs of high-net-worth families, expatriate buyers, and domestic real estate investors.

The group was established in 2013 by top executives from Housing Finance, including CEO Dan Awendo and managing director Frank Ireri. They spotted an opportunity to cater to growing demand for premium residential developments with unique lifestyle concepts.

Home Afrika is now an award-winning, publicly-listed real estate firm. It’s delivered numerous successful projects across Nairobi and has an impressive pipeline including Runda Mumwe, Migaa Golf Estate, Amani Ridge the Place, Home Afrika Gardens, and more.

The developer follows a partnership model working with major institutional investors like IFC and Old Mutual to fund projects while contributing their real estate expertise. Home Afrika has the financial strength, human capital and vision to execute ambitious, large-scale developments.

Ongoing and Upcoming Projects

Home Afrika has strategically targeted prime locations across Nairobi for its projects, including Runda, Kiambu Road, Limuru Road, Thika Road, and Upper Hill. Their flagship completed projects include:

– Home Afrika Mall – A modern, mixed-use development with retail and office space in Kileleshwa.

– Light Speed offices – Grade A+ offices at Cardinal Otieno Plaza on Haile Selassie Avenue.

– Migaa Golf Estate – A gated community with over 100 luxury homes around a golf course in Kiambu.

– Amani Ridge The Place – Serviced apartments along Kiambu Road.

– Home Afrika Gardens – Townhouses in Kahawa Sukari off Thika Road.

Upcoming projects in the pipeline include Runda Mumwe, Mikano Towers in Kilimani, Cytonn Apartments in Ruaka, and joint venture projects like Topville and Montave luxurious homes.

Runda Mumwe Project Details

Runda Mumwe represents one of Home Afrika’s cornerstone developments – an exclusive gated community located in Nairobi’s most prestigious suburb.

Key details:

– 78 acres with just 295 spacious plots
– 1/8, 1/4, 1/2 and full acre plots available
– Country club, high-end amenities, nature trails
– Phased launch from 2015 onwards
– Sizes from KES 20M for 1/8 acre plots
– Targeted at wealthy families, expatriates, investors

Runda Mumwe is being developed in phases with road infrastructure and utilities already complete. The amenities like the country club and convenience centre are underway. Home Afrika manages the entire lifecycle from project planning, approvals, funding, marketing and build-out.

Why Home Afrika Developers for Runda Mumwe?

There are several reasons why Home Afrika was the ideal developer for an exclusive project like Runda Mumwe:

– Strong track record in luxury estates and gated communities

– In-house expertise in architecture, planning, construction, sales

– Able to deliver ‘lifestyle’ concepts, not just houses

– Financial strength to fund large master-planned developments

– Focus on prime locations attractive to high-end buyers

– Partnerships with leading institutions like IFC, Kempinski

– Listing provides transparency and corporate governance

– Vision to promote sustainable, innovative real estate

For residents, Home Afrika’s brand provides reassurance that Runda Mumwe will be delivered and managed to the highest standards over the long-term. The developer’s experience across the real estate spectrum instils confidence in both buyers and investors.

Contribution to Kenya’s Real Estate Sector

Home Afrika developers have  played a pivotal role in moving Kenya’s real estate market up the value chain. Through projects like Runda Mumwe, they are setting new benchmarks in master-planned, mixed-use luxury communities.

Other key contributions include:

– Introducing international standards of planning, design and quality execution.

– Innovative lifestyle concepts and themes e.g. golf, business, family-centric.

– Showcasing possibility of large-scale, mixed-use developments.

– Providing inclusive premium living with options for different income levels.

– Raising governance, transparency and sustainability standards.

– Partnering with global firms to attract investment and expertise.

– Contributing significantly to property sector growth.

Home Afrika is promoting integrated, inclusive developments that create jobs, economic value and future-ready living spaces. In line with Vision 2030, the company aims to improve Kenya’s competitiveness as an attractive real estate investment destination.

Future Outlook and Conclusion

With more flagship projects like Runda Mumwe in the works, Home Afrika is cementing its leadership position in Kenya’s property development industry. Their future growth will be driven by:

– Developing diverse, innovative lifestyle concepts.

– Expanding into new geographic areas.

– Enhancing construction expertise by using cutting-edge technologies.

– Attracting more joint venture partners and investment.

– Sustaining corporate governance and transparency standards.

– Maintaining reputation for delivering quality developments on time.

– Contributing positively to urban development and Vision 2030 goals.

Home Afrika’s professional team, financial resources and bold vision make them a formidable player that will continue shaping Kenya’s real estate landscape for years to come. Discerning investors and buyers can partner with them for rewarding, hassle-free experiences.

5 frequently asked questions about Home Afrika, the developers behind Runda Mumwe:

1. Who is behind Home Afrika developers?

Home Afrika was founded in 2013 by former Housing Finance executives Dan Awendo and Frank Ireri. It’s now a publicly listed real estate developer on the Nairobi Securities Exchange.

2. What are some of Home Afrika’s completed projects?

Notable completed projects by Home Afrika include Home Afrika Mall in Kileleshwa, Light Speed offices in Nairobi CBD, Migaa Golf Estate in Kiambu and Amani Ridge serviced apartments.

3. How is Home Afrika  developers funded?

Home Afrika uses a joint venture model, partnering with major institutional investors like IFC, Old Mutual and Sanlam to fund large-scale developments. It also raises financing through commercial papers and bank loans.

4. What is Home Afrika’s role in Runda Mumwe?

Home Afrika is the lead developer responsible for planning, approvals, funding, project execution, marketing and sales for the Runda Mumwe luxury project.

5. Why choose Home Afrika as a developer?

Home Afrika  developers  are trusted for its financial strength, expertise across real estate value chain, high quality standards and reputation for delivering projects on schedule. Their brand offers reassurance to buyers.