Fusion Capital is pleased to announce its partnership with Kigali Heights Development Company, in a USD 34 million Grade A mixed-use complex – our first major real estate project in Rwanda.
The 30,000 sqm development is situated at the Kimihurura Roundabout in Gasabo district. The development is a dual tower office and retail block. A 9 storey rectilinear block will be along the boulevard frontage and a 6 storey block will face the Kimihurura round about, therefore optimally utilising the available space.
Kigali Heights was recently selected as an example of best practise by the City of Kigali owing to the design concept, good graphical representation, access strategy, urban integration and site analysis which incorporated careful consideration of the Kigali City Master Plan and Kimihurura sub- area principles.
Rwanda was recently ranked as Africa’s top ‘Doing Business’ location, making it easier for Rwanda to attract foreign direct investments as well as local investments. Investing in quality office, retail and leisure real estate is crucial to providing the infrastructure to service and support Rwanda’s growth. The recent trends show global brands opening up in Rwanda, creating demand for quality office space.
Fusion is excited to be playing a prominent part in this investment. We expect the development to deliver superior quality office space with state of the art facilities. Fusion’s partner in the project commented: “We are excited that we have a trusted and active financial partner in this development. It is great to have Fusion on board; we value their experience and capability – which they have demonstrated from the onset of this process”.
Luke Kinoti, Group Chief Executive of Fusion comments: ‘We look forward to providing long-term local financial solutions that support the sustainable growth of the Rwandan economy’.