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, the soon to be launched Stima Annexe situated along Kolobot Road in Parklands and Umeme Plaza on Naivasha road in Lavington area. 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
The second project was in Loresho approximately 11 kilometres West of Nairobi CBD. This project started in October 2012 and is now fully sold out . 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 center comprising 4 – two bedroom apartments, 4 shops, a swimming pool, changing rooms and a management office and kindergarten.
Our third development, Bogani Park is a luxurious residential development consisting of 45 units of Four and Five Bedroom Villas each set on individual half acre plots. The development has been conceived as an “English Country Estate” in its design, layout and aesthetics. There are three(3) house types to meet a diverse market. The other facilities and services include; a club house, swimming pool, sauna, steam rooms, gym, 24- hour manned gate house, secure perimeter wall, back up generators and an onsite borehole. Bogani Park is currently on sale to the public.