15/10/2025
Somali businessman Abdiweli Hassan, founder of Business Bay Square (BBS) in Nairobi’s Eastleigh area, has received approval to invest Ksh65 billion ($503 million) in a 60-acre mixed-use development at Kenya’s Tatu City.
The project marks Hassan’s bold expansion from retail into large-scale urban development. It will feature residential apartments, shopping centers, offices, schools, warehouses, parks, and a mosque, all connected by Tatu City’s modern infrastructure. Nearly half the land will remain open green space to promote sustainable living.
Construction is set to begin within a year and will unfold over the next decade, a sign of Hassan’s long-term confidence in Kenya’s real estate and economic growth.
With this move, Hassan joins major investors like Naivas, Heineken, and NCBA Bank in transforming Tatu City into one of East Africa’s top investment hubs.
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