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Fusion Capital bags a major office lease deal

Private equity firm Fusion Capital’s new Sh 1.2 billion property has received its first tenant after the Polish government signed a lease agreement for its Trade Office.

Fusion Capital’s Real Estate executive director Daniel Kamau said the deal with the Polish Investment and Trade Agency for the Grade A office block will act as a launching-pad for the Polish businesses into Kenya and the rest of East Africa.

Mr Kamau said the building had reserved space on 12 floors for offices with 6 floors reserved for motor vehicle parking. “We are excited to host the polish agency and more importantly, the trade function which will promote inter-country commercial interactions thereby improving the two national economies,” he said.

READ: PE firm Fusion Capital appoints new chief executive

Incoming Polish Trade Office managing director Michael Mazurewicz said Warsaw had shopped around for offices to let and chosen Fusion Capital’s Flamingo. “The trade office is not a political unit and will therefore be open to all investors,” he said.

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