Cytonn Real Estate was awarded by the International Finance Magazine for being the most innovative community developer in Kenya during the International Finance Awards last month.
The category is won by companies that demonstrate excellence in the residential and commercial property space in emerging markets.
The Alma Project by Cytonn in Ruaka, a booming middle-class market, is the ‘mixed-use’ property that the real estate developer to scoop the award.
The residential property has a retail centre, gym, swimming pool, nursery school and gardens, aa some of the conveniences.
“Mixed-use developments are meant to be self-sufficient meaning residents do not have to go outside the development to get certain goods or services to make their living experience complete,” Daniel Mainye, a manager at Cytonn, said in a statement on the award.
“We took this into account and decided to bring everything closer to our residents. This award recognises The Alma for what it is —a comprehensive well-designed development.” He added.
The second phase of the The Alma is underway.
Other real estate projects by Cytonn include Applewood, RiverRun Estates, The Ridge, Taraji Heights, Situ Village, Amara Ridge and NewTown.