Express Kenya is diversifying into real estate with a Sh13 billion mixed use development as it seeks to increase revenue stream and reduce reliance on logistics that has been its mainstay over the years.
The development, dubbed Project Nexus, is expected to play a critical role in turning around the fortunes of the over 100 year-old company that has largely been in logistics but holds huge tracts of prime land including in Nairobi's industrial area. "This strategic expansion marks a new era for the company that is anchored in resilience, diversification and future-forward value creation," said Express Kenya in a statement. "For over ten decades, Express Kenya has been a cornerstone of East Africa's logistics sector.
Today, the company embarks on a visionary expansion-not stepping away from its foundations, but building boldly upon them. "This is more than a move into real estate.
It's about shaping the infrastructure that will define Kenya's future.
