Retail, office and hospitality developments across Africa

Shanzu Retail Centre will capitalise on growing retailer and consumer demand for modern, well-located convenience retail along the Mombasa–Malindi corridor. Strategically positioned with prominent highway frontage, excellent visibility and convenient access from the busy Malindi Highway, the Centre will establish a vibrant and accessible retail destination serving surrounding residential communities, passing traffic and the wider North Coast tourism and hospitality market.

The development will comprise approximately 12,500 m² of flexible retail and commercial space, anchored by a supermarket and a large-format, value-oriented general merchandise retailer. These anchors will be complemented by a carefully curated mix of convenience retail, food and beverage outlets, pharmacy, personal services and other complementary operators.

Designed to reflect its coastal setting, the Centre will incorporate contemporary architecture, vibrant retail frontages, shaded pedestrian areas and attractive landscaped spaces, creating a welcoming and engaging shopping environment. The tenant mix will balance everyday shopping and service requirements with a compelling food, beverage and leisure offering, encouraging longer visits and attracting customers from a wider catchment.

The proposed development comprises a modern, eight-storey Grade A office building providing approximately 12,700 m² of Gross Lettable Area (GLA), complemented by dedicated parking, high-quality common areas and supporting amenities. The development will be designed to international Grade A office standards, with an emphasis on efficient and flexible floor plates, modern building services, energy efficiency, occupier comfort and long-term operational performance.

The investment strategy is based on a development-for-lease model, targeting high-quality institutional and corporate occupiers seeking modern, professionally managed office accommodation under long-term lease arrangements.

Target occupiers will include United Nations agencies, international NGOs, Development Finance Institutions (DFIs), multinational corporations and established local businesses. These tenants typically place significant importance on building quality, security, sustainability, business continuity and professional property management.

A key differentiator of the project is its institutional development and investment management approach, with international standards of design, procurement, governance, sustainability and financial reporting embedded from the outset.