Sakile Properties is the property development brand under the Kenya Power Pension Fund. It is the vehicle through which the Kenya Power Pension Fund invests member contributions in the real estate sector. The name Sakile is derived from the Zulu word ‘Sakhile’ which means ‘We have Built’.
Property is a critical investment class for the Fund as it provides a hedge against inflation compared to other asset classes. It provides for a surer return in the future, hence our slogan 'shaping tomorrow’.
We own fully occupied commercial buildings like Stima Plaza and Umeme Plaza situated along Kolobot Road in Parklands and Naivasha road in Lavington area respectively. Stima Plaza is currently the headquarters of Kenya Power and it also hosts key tenants like banks, clinics and others.
To contribute further to shaping our members investments and future, we have also participated in the development of houses for commercial purposes. Notably, Runda Park estate which comprises 39 town houses on ½ acre plots was the pioneer project that was completed in the year 2012.The entire project has been sold to members of the public
Currently we have finished construction in Loresho approximately 11 kilometres West of Nairobi CBD. This project started in October 2012 and is now ready for occupation. This gated community estate is known as Loresho Ridge and which constitutes 11 blocks of apartment with 67 apartments, 12 Villas, 15 type A town houses, 54 type B town houses, 13 type C Houses , a commercial centre comprising 4 two bedroom apartments, 4 shops, a swimming pool, changing rooms and a management office and kindergarten.