Garden City, Kenya’s first mixed-use development offering shops, residences and offices within one integrated plan, today revealed its new anchor tenant for Garden City Mall to be Shoprite, Africa’s largest food retailer, making the Garden City branch one of the first Shoprite stores to open in Kenya in 2018.
During its half-year financial results presentation in Cape Town on Tuesday this week (27 February), it was announced that the Shoprite Group will be opening its first supermarket in Kenya before the end of 2018.
Commenting on the new deal Chris Coulson, MD of Garden City on Thika Super Highway, said:
“We are excited to announce that we have finalised our lease agreement with Shoprite, which has chosen Garden City Mall as home to one of its first supermarkets in Nairobi. We want to offer our customers and our residents the perfect blend of shops and services within easy reach, and we believe that Shoprite brings the right level of affordable, quality choices that our shoppers are looking for.”
Shoprite has said that it is entering the country to strengthen its position in East Africa, with Kenya, cited as being the strongest economy in the region and that it sees a lot of potential outside Nairobi in the future.
This latest announcement follows Garden City’s recent signing of a long-term lease with EABL to take up premium office space within Garden City’s first commercial office phase, which is scheduled for completion in Q2 of 2019 as the newest addition to the overall 47-acre Garden City mixed-used project. The Garden City project at exit 7 on Thika Superhighway broke ground in July 2013 and the Business Park, spread across 15 acres within the master plan, is the second stage of the overall development.