Pivotal acquires 50% stake in Kenya mall

15th February 2016 By: Anine Kilian - Contributing Editor Online

JSE-listed Pivotal Fund has acquired a 50% interest in a mall development, in Navaisha, Kenya, from property developers Abland and Carlisle Property Holdings for $4.43-million.

Abland and Carlisle would each be paid $2.22-million.