Kenya’s Maono Lands goes global with billion-shilling Zambia expansion deal
Kinyua Wairatu, Founder and CEO of Maono Lands Limited
Maono Lands Limited Expands to Zambia in Landmark Multi-Billion Deal
Leading real estate firm Maono Lands Limited is poised to reach global heights following the announcement of its expansion into Zambia. In a major development for the sector, the company has revealed plans to open a branch in the Southern African country, marking a significant milestone in its ambitious growth strategy.
According to CEO and founder Kinyua Wairatu, Maono Lands has initiated a strategic move that includes selling shares worth one billion Kenyan shillings to a major investor. The deal, Wairatu noted, will not only inject fresh capital into the company but also strengthen its position as a pioneer in taking Kenyan real estate to the international stage.
“We are about to embark on one of the greatest partnerships ever seen in the history of real estate in Kenya. We are proud to be the first real estate company in Kenya to go global. In Zambia, we have found committed partners who believe in our vision and are eager to work with us. This is just the beginning; Maono is going global,” Wairatu announced during a press conference held in Zambia.
The CEO emphasized that the partnership with the Zambian investors goes beyond financial investment. It will also include offering consultancy services and facilitating insightful discussions around the real estate industry. The company aims to share its expertise while learning from new markets.
“I have been in this sector for over 20 years. I fully understand the dynamics involved, and that’s why we have now decided to diversify and expand beyond Kenya’s borders. We believe that by tapping into new markets, we can offer even more value to our clients and stakeholders,” Wairatu added.
Founded with the vision of making land ownership accessible to all, Maono Lands Limited has built a strong reputation as one of Kenya’s leading real estate companies. The firm offers prime plots and parcels of land tailored to suit all types of buyers, with properties located in strategic areas such as Nairobi, Malindi, Nyandarua, and Machakos counties.
Over the years, the company has successfully settled thousands of families and individuals, helping them realize their dreams of land ownership. With its track record of delivering genuine and affordable properties, Maono Lands continues to be a trusted name in the industry.
The Zambian partnership not only underscores Maono’s growing influence but also cements Wairatu’s pivotal role in shaping the real estate landscape in Kenya. His leadership has been instrumental in pushing for reforms and greater accountability within the sector.
Recently, Wairatu was among the key figures behind the establishment of the Association of Real Estate Stakeholders (RESA), a lobby group aimed at weeding out unscrupulous players from the industry. The association already boasts over 200 active members and continues to recruit more, advocating for transparency and professionalism in real estate dealings.
As Maono Lands Limited sets its sights on a broader horizon, it serves as an inspiration to other homegrown firms with aspirations of making a mark on the global stage
