1. Acorn Holdings Limited (Acorn)
(A leading real estate developer and the largest institutional investor in rental housing in East Africa) in the establishment of the region’s first USD 52 million (KES 6.53 billion) Income Real Estate Investment Trust (I-REIT) fund. The fund was the first issuance to list on the Over-the-Counter platform segment of the Nairobi Securities Exchange.
2. Acorn Holdings Limited (Acorn)
In the establishment of the world’s first USD 52 million (KES 6.53 billion) Development Real Estate Investment Trust (D-REIT) fund.
3. Acorn Investment Management Limited (AIML)
On the development of Vuka, a revolutionary retail investment platform. Vuka is a product that allows qualified retail investors to invest in Acorn’s Student Accommodation Income Real Estate Investment REIT (ASA I-REIT) valued at USD 29.9 million (KES 4.04 billion).
4. Leapfrog Investments Healthcare Opportunities Holdings
(A leading global impact investment group) in the sale of nearly 30% of its stake valued at USD 20 million (KES 2.5 billion) in Goodlife Pharmacies (East Africa’s leading healthcare and retail pharmacy chain). The stake was sold to Eurapharma (CFAO Healthcare), the healthcare division of the CFAO Group and a foremost wholesale distributor of quality pharmaceuticals in Africa, where it owns and operates subsidiaries in 23 countries.
5. Goodlife Pharmacies
(A leader in the African pharmaceutical market), on a cross-border USD 12 million (KES 1.62 billion) mezzanine debt investment by Proparco, (a French development finance institution).
6. Acorn Holdings Limited (Acorn)
n connection with the sale and acquisition of a partnership interest valued at USD 4.38 million (KES 591.3 million) in an I-REIT.
7. One of Kenya’s largest commercial banks
In connection with a legal and compliance audit.
8. One of Kenya’s most prestigious Kenya country clubs
In connection with the review of its governance documents.
9. One of Kenya’s largest insurance firms
In connection with a legal and compliance audit.
