New Ksh.2B luxury development targets Nairobi’s diplomatic hub

A new Ksh.2 billion luxury apartment development has broken ground in Nairobi's Gigiri area, underscoring growing investor confidence in the capital's diplomatic hub as demand rises for premium serviced accommodation.

The Silva Gigiri project, located along UN Crescent, targets United Nations staff, diplomats, expatriates and other professionals. Construction is expected to take between 30 and 36 months.

The development is being undertaken by Kenyan entrepreneur Mohamed Bishar, founder of Season Global, in partnership with Bahrain-based Gulf Hotels Group, which will oversee the property's hospitality operations upon completion.

Speaking during the groundbreaking ceremony, Bishar said the project is designed to meet international construction and hospitality standards while creating employment opportunities.

"Silva Gigiri reflects our commitment to delivering a world-class development that combines luxury living with wellness while creating jobs and supporting Kenya's position as a regional hub for diplomacy, business and international conferences," he said.

Business Development Director for Acquisitions at Gulf Hotels Group, Majd Hamamouchi, said Kenya's growing hospitality sector and rising demand for premium accommodation made it an attractive investment destination.

"Kenya offers significant opportunities in hospitality and real estate, and we are pleased to partner in a project that meets the needs of the diplomatic and international community," he said.

The development will feature wellness-focused amenities, including a 300-metre jogging track, green spaces and recreational facilities aimed at promoting healthier living.

Officials from the Ministry of Health said such features complement the government's Universal Health Coverage agenda by promoting disease prevention and healthier lifestyles.

Construction is expected to be completed within three years, after which Silva Gigiri will open as a fully serviced luxury residential development serving Nairobi's growing diplomatic and expatriate community.