Valuable Brands Kenya is pleased to announce the upcoming Valuable Brands Awards to be held in March 2024. The first edition is predominantly focused on the wider real estate sector and seeks to acknowledge, recognize and celebrate the established and emerging brands changing lives through their product and service offerings in Kenya.
With the real estate market boasting of some of the country’s dynamic brands and based on the lucrative nature of the sector, alot of efforts and guidance are needed in providing a framework of ensuring that building brands in the sector is consistent with the needs of the target clientele. Doing so also guarantees value to all the related stakeholders within the society in which they operate. Creation of clear brand recognition strategies and support that steers positive competition among them and promotes brand collaborations is what sets Valuable Brands Awards apart.
About Valuable Brands Kenya
You may have come across some of our latest rankings and recognitions of various key real estate personalities and our highlighted brand stories in Kenya so far. Valuable Brands Kenya runs an online brands magazine on this site. For instance, we released our first ever listing of the Top 10 Women Real Estate CEOs in Kenya.
Aprominent list that not only recognized the established personalities in the industry such as Ms. Nancy Muthoni of Property Show With Nancy that airs on KTN Home every Sunday, but also new entrants in the sector such as Mary Diana of Modern Homes Ltd. The Overall ranking for 2023 is as follows:
Top 10 Women Real Estate CEOs 2023
Another recognition listing that we have recently done is the Top 3 Persons Of The Year In Real Estate In Kenya. We named the 3 individuals that really shaped the sector in 2023 as Mr. Peter Nyaga of Certified Homes, Dr. George Wachiuri of Optiven Ltd and Mr. Mwenda Thuranira of Myspace Properties Ltd.
Valuable Brands Person of the Year 2023
Upcoming Valuable Brands Listings
As Valuable Brands Kenya continues to develop its brands recognition guidelines and ranking system, we anticipate more diverse sectoral listings featuring industries such as Manufacturing, Agribusiness, Education, Healthcare, Automotive, Technology, Energy, Media, Fashion and Apparel, Transport and Logistics among others.
Currently, our next upcoming Listing is featuring the TOP 30 MALE REAL ESTATE CEOs.
When it comes to our inaugural Person of the Year, entrepreneurship is not just about numbers that translate on the balance sheets and financial statements. It is about numbers that translate to transforming lives, creating social change and inspiring a generation that believes in hardwork, strategy and most importantly, confronting the status quo.
It is about constantly questioning the way things have always been done and finding ways to fastrack growth by leveraging opportunities that come along the course of building a brand. For instance, must building a successful brand and company take a decade? Is it always about having experience that sets true entrepreneurs apart from the wannabes? Can one not only achieve corporate success but still use the chance to improve the lives of the people around them? And the cardinal of all, what differentiates the true brand leaders from their peers?
For the 2023 period, we focused on the wider real estate sector CEOs and Founders and how they have impacted the sector through the many programs and projects undertaken in the year under review. Based on this, our team shortlisted THREE incredible individuals whose contributions were so immense that they actually contributed a hugh chunk of the number of projects in the market.
These amazing founders include Dr George Wachiuri who not only leads one of the most resilient property companies – Optiven Ltd – having clocked 24 years in operation last year but also invests heavily in business mentorship programs We also congratulate him on his recent conferment of two honorary doctorate degrees. Dr. Wachiuri has built a reputable brand that not only believes in profits but in lowering a helping hand to uplift the economy as well.
The other key personality is Mr. Mwenda Thuranira, the CEO of Myspace Properties who has worked tirelessly to not only introduce but see to it that the strip mall concept became a reality in Kenya. He successfully delivered the Mytown Karen Mall with the Nyali and Kisii Town Malls set to open soon. Mr. Thuranira has also invested heavily in the Isiolo community through supporting educational programs through his Mwenda Thuranira Foundation.
Finally, there is Mr. Peter Nyaga, the Founder and Managing Director of Certified Homes Limited. A man under whose leadership the company has experienced an exponential growth and with it, turned many customers into investors, influencers into brand ambassadors, given a beam of hope unto the vulnerable and ensuring sustainability while at it. This is why we celebrate Peter Nyaga as the inaugural Valuable Brands Person Of The Year 2023.
Peter Nyaga’s Background
Mr. Nyaga got introduced to adversity at a very young age when his mother passed on while he was still in Primary school and had to be sent to a boarding school – which posed many challenges in raising school fees and for high school, he almost missed his admission due to reporting a whole two months late! This kind of upbringing would definitely make one start thinking outside the box. The one thing that most likely pushed him into business from that early age from selling sweets and biscuits to classmates in high school to eventually establishing his own real estate firm many years later. A decision that would pay off in millions. Literally. Academically, Mr. Nyaga holds a Bachelor’s Degree in Purchase and Supply Chain Management from the Presbyterian University of East Africa.
As you would expect it, it was never a perfect meteoric rise to wealth void of missteps and encountering a number of challenges. The humble upbringing taught him humility and simplicity that would later enable him to easily dine with kings and the commonfolk and treat everyone with dignity. Another humbling experience occurred during the 2017 general elections in which he unsuccessfully vied for an MCA Seat in Tharaka Nithi County. Besides these two, Peter Nyaga would find himself in deep debts when he indulged himself into the luxury life of the city on making his first million! A time that would clearly transform his life philosophy and with it, choosing it pursue something bigger than himself. A purpose that would change how real estate is done in Kenya as we know it.
A story he vividly captures in his first book: Achieving Your Dreams.
Building The Certified Homes Brand
In what would be described as a master stroke of risk taking and ingenuity combined, He together with his team established the Certified Homes brand just as the Covid-19 pandemic was creating uncertainty across sectors and economies globally. Yet with the company’s target clientele being the diaspora community, tow things were likely to happen: Either the firm would rise above the challenges and march towards greatness or be strangled at its infancy by the disrupted value chains within which it operated. Interestingly, the company was able to launch successfully more than five land projects across the country in its first year!
Furthermore, he has delivered several projects with the main being KWITU Gardens Phase 1 comprising of 38 units and now on Phase 2 of 40 units. Meanwhile these are at various levels of completion: Sukari Heights awaiting handover in April 2024, the Diani Holiday Homes, KWITU Holidays Malindi, The Bliss Ruiru, Diani Beach Plots, Juja Executive among many others.
To be selected a person of the year by Valuable Brands, we place a huge emphasis on your brand building process. We seek to explore the various unique brand strategies and expansion plans responsible for getting your company at its current position in the market. Undoubtedly, the founding and growth of Certified Homes as a brand has achieved its place. We discovered some of the strategies as outlined below:
Use of Brand Ambassadors Globally – Building a brand around your target clientele is a must when pursuing brand excellence. Infact, trying to get as close to them as possible is an excellent way to achieve this. Mr. Nyaga understands this probably more than any other in the country with bringing onboard Brand Ambassadors from across the world. These Ambassadors not only act as representatives of the disapora clients within the firm’s community but also create an effective communication loop for new projects, investment opportunities and any upcoming plans by the company. Currently, the company has brand ambassadors in ALL States in the United States of America, United Kingdom, Scotland, all African Countries, all United Arab Emirates amongst many others. Locally, he works with a number of influencers such as Mama Baha, DJ GeeGee, Mchungaji, Moya David.
A unique brand name – The real estate sector is the one economic segment that is built and maintained by trust. And when it comes to branding as well, a name means more. This is something the person of the year got right by naming the firm Certified Homes. A brand that continually works on ensuring value for investors and insistence on dealing with properties with certified documents. Therefore making a commitment to their customers of doing their much needed due diligence on behalf of the investors.
Leveraging Brand Opportunities – The company has a keen eye for branding opportunities within and outside the country. Especially platforms that grow its brand awareness such as Coroporate events such as participating at the Kenya Homes Expo, The Realtors Expo, The Realty Expo by Nation Media; social events such as diaspora tours by musicians and even the Churchill Show.
A Culture that Celebrates Excellence – As the brand experts say, All you have to do is to take care of your employees and you will not have to worry about your customers. This is true of Peter Nyaga as he empowers his staff with appreciation tokens and even handing the best performing ones cars! This kind of incentives not only drive the team but also creates a culture that celebrates excellence.
Community Driven Philanthropy
As is the old saying, money does not really change people, it exposes who they are and Peter Nyaga chooses to take this to heart with the several community programs supported by his company. For instance, he has always opted to celebrate his birthdays with the vulnerable kids in the Children’s Homes by marshalling friends and colleagues to promote them. Further to this, Certified Homes currently sponsors over 20 students across the country in notable schools such as Meru School and Mary Leakey Girls. Unlike many scholarship schemes, the company offers full support ranging from the school fees, uniforms, pocket money etc to ensure the total peace of mind and concentration to studies.
The biggest milestone being a student, Simon Gathanga who successfully finished at Kagumo High School and now pursuing Acturial Science at the famed Jomo Kenyatta University of Science and Technology (JKUAT). Read the story by TUKO.CO.KE here.
Peter Nyaga receives Simon Gathanga at his office
Special Interest Groups Support
In conclusion, empowerment is no longer just about giving. Empowerment is now embodied in creating sustainability to ensure dignity is maintained and self sufficiency as well. Mr. Peter Nyaga does this by offering seed capital to the various widows and People with disabilities that the firm supports. The supported groups are assisted to start tailoring businesses, farming and easy to run projects.
PERSON OF THE YEAR 2023: PETER NYAGA
We therefore present to you our inaugural Person of the Year Recognition : Mr. Peter Nyaga, the founder and Managing Director of Certified Homes Ltd. Valuable Brands Kenya says congratulations.
As 2023 comes to an end, Valuable Brands Kenya takes stock of the last 365 days reviewing some of the trailblazing milestones and achievements by the various women real estate stakeholders and founders leading some of Kenya’s most successful and upcoming firms. Here is our inaugural list of the Top 10 Women Real Estate CEOs that shaped 2023 in Kenya:
1. Nancy Muthoni – CEO, Property Show With Nancy / First Avenue Properties
Nancy Muthoni is the Founder and CEO of Property Show With Nancy that airs on KTN Home every sunday. The show highlights the various new real estate trends, available property investment opportunities and other real estate solutions. Furthermore, Nancy runs First Avenue Properties and Upscale Homes which deal in real estate agency and home construction services respectively. She tops this inaugural list for being a trailblazer in promoting home ownership amongst Kenyans.
2. Leah Wambui – CEO, Cheriez Properties
Leah is the founder and CEO of Cheriez Properties. A property development company focused on high end homes projects with Projects in Kitengela. From humble beginnings of hope and resilience, she’s been able to build a strong company that now not only provides bespoke real estate solutions but also offers interior design and home construction services for clients.
3. Anne Mwai – CEO, Bama Diaspora
Anne is definitely among the key women real estate CEOs in Kenya revolutionizing the industry. Through her diaspora focused company, Bama Diaspora, she provides investment alternatives to investors mostly based in the USA hence contributing to the building of trust in the highly volatile sector. She has been a mentor to several upcoming realtors and a host of women venturing into the business world.
4. Lizzie Costabir – CEO, BuyRent Kenya
BuyRent Kenya is undoubtedly an essential part of the real estate agency ecosystem in Kenya. And sitting at the helm is Lizzie Costabir, a phenomenal woman who’s working round the clock to create a more responsive content management system that creates more value for buyers, sellers and agents who leverage on the platform to transact safely. As the real estate market bounced back amid an ever rising need for real estate properties, BuyRent Kenya rose up to the occassion to facilitate the engagements thus earning Lizzie a spot on this list.
5. Sarah Wahogo – CEO, Safaricom Investment Cooperative
Sarah Wahogo has been at the helm of Safaricom Investment Cooperative for slightly over a year and her contributions to one of Kenya’s leading members’ investment co-operative are clear. Coming in at a time when the firm had no organizational challenges to steering it into a reputable company worth emulating is no mean feat. The cooperative has now create real estate agency platform called SIC PRIME connecting buyers, renters, developers and sellers.
6. Mary Diana – MD, Modern Homes
Mary Diana is the face of the young women real estate CEOs in Kenya taking content creation by storm! Through her Youtube Channel and other social media platforms, she has been able to cut herself a niche in showcasing various real estate projects and properties available for sale and rent across the country. And as they say, consistency is King and she’s definitely the queen at not just Modern Homes but also redefining how real estate marketing is done in Kenya.
7. Jane Baiyu – CEO, Amara Realty
Jane Baiyu makes to this inaugural list being the founder and CEO of Amara Realty Limited – a company offering property investment opportunities to Kenyans both within and in diaspora. Through her efforts and wide experience in the sector, Amara Realty has undergone steady growth and become a company of great repute for modeling by new entrants in the market.
Princess Caroline Mutisya is the CEO of Legacy Estates and also doubles as the Managing Partner of CR Advocates, a legal firm based in Nairobi Kenya. Legacy Estates offers real estate investment solutions in various locations in Kenya and has embarked on contributing towards rebuilding trust in the general real estate conveyance services and hence encouraging investors to consider the highly lucrative property business in Kenya.
9. Charity Nyoike-Baur – CEO, Nisiri Ventures
Being the only CEO making the list from outside Nairobi, Charity is the founder of Nisiri Ventures Limited – a real estate company based in Nanyuki providing investment projects in the vast Laikipia County. She has been a leading business leader, mentor and investor in the vibrant Nanyuki region and continues to inspire a new generation of women realtors not only in the area but in Kenya at large.
10. Ruth Mbula – CEO, Rubrina Properties
Finally on our list of Women Real Estate CEOs in Kenya that shaped 2023 is another youthful founder of Rubrina Properties who is also revolutionizing the way Youtube is used in marketing real estate properties in Kenya. She is a testament that with determination and objectivity, you can build a brand from nothing, literally!
In conclusion, Valuable Brands Kenya celebrates these phenomenal women and the brands they have built over time. We will hold the Valuable Brands Awards to acknowledge, recognize and celebrate the various brands impacting lives in Kenya in the real estate sector across all value chains. For more details, please email us on award@valuablebrands.co.ke.
Certified Homes Ltd started its journey in 2020 and in less than a decade has achieved milestones that many peers can only envy. Armed with over ten years experience in the vast real estate sector, the founder, Mr. Peter Nyaga set on a course to build Kenya’s top real estate development company thus the birth of Certified Homes Ltd.
The company is a property developer based at Westcom Point in Westlands Nairobi and caters to a wide range of clients spanning from the locals, diaspora community, institutional investors among many others interested in the Kenyan Real Estate market. Since its inception, they have successfully delivered several property projects across the country. Some of their key projects include; Sukari Heights in Kahawa Sukari Nairobi which is a mixed use development offering commercial spaces such as a salon and spa, shopping outlets and residential units ranging from studio apartments, one bedroom, two bedroom etc.
Another innovative investment project by the company include Naserian Holiday Homes in Nanyuki, KWITU Gardens for the members of the Kenya Women in United States Association and the Diani Holiday Homes at the Coast. For those seeking value added plots in either Nanyuki, Rumuruti, Juja, Joska, Malindi, Diani, Syokimau, Certified Homes has several options for you to choose from.
And this begs the question. How did the company achieve this level of success in such a short time and serving such a diverse clientele! This is how it all started.
The Birth of Certified Homes
The story begins when the young Peter Nyaga volunteered at his brother’s real estate firm to gain experience in the sector – a move that would see him make his first million at 21 years of age! “I wanted to get experience in Real Estate. I knew as an errands boy my brother could give me fare, and also, I had relatives in Nairobi so somewhere to sleep was not a problem. If I had fare and somewhere to sleep, the rest would sort itself,” he remarked.
Over time and with resilience, he was able to build his own network of potential clients and with it, his own reputation. Besides this, the opportunity gave Peter the much needed exposure on the best practices, pitfalls to avoid as well as learning on how to structure deals. Skills that would prove to be priceless later on when establishing Certified Homes Ltd. But before its birth, yet another partnership spinned off from this personal growth. One that would see them deliver a record 400 units from concept to handover in less than 3 years.
Consequently in November 2020, the founder finally setup the company as we know it today. Interestingly, unlike most firms that pick any kind of name, they settled on Certified Homes as a constant reminder that every property they would conduct exhaustive due diligence and only bring in the potential buyers once they were satisfactory on the documentations of the plots. Hence the “Certified”concept.
With this meteoric rise in the real estate market in Kenya came with hundreds of jobs with the organization creating opportunities globally.
Company Expansion Strategy
As Certified majorly targets the Kenyans in diaspora drawn from across the world, it works closely with the associations that connects them with the larger diaspora community. Examples of the associations includes the Kenya Women In The United States (KWITU), Kenya Women In Germany (KWIG), Kenya Diaspora Alliance and Sacco among many others. Leveraging on brand ambassadors based in the various states such as Canada, Qatar, Abu Dhabi, United Kingdom, United States, Germany, Dubai, Sweden and many others.
Certified Homes Ltd Titles handover to clients at their offices in Nairobi.
The company is also now venturing into the African continent to reach an expanded diaspora team with previous meetings in Burundi, Ghana and other countries. This will definitely unlock more investment demand and hence more business as they seek to expand beyond their current service offerings. The company’s brand ambassador list is excitingly star studded thus giving a chance for them to also understand the market and in turn be able to invest as well. Isn’t this the idea behind being your “brother’s/sister’s keeper?!
Certified Homes Awards & Reviews
They say excellence never goes unrewarded. The company is not an exception as it bags various recognition awards not only in Kenya but also globally. Here are some of the key awards earned by the company so far:
For more details on any of these projects, feel free to reach out to the company on 0711 128 128
Britam Properties: Britam Holdings has initiated a diversification initiative aimed at reducing its investment in the money markets and increasing its focus on real estate, targeting a range of 20 to 30 percent of its asset mix, up from the current 16 percent.
The company’s strategic investments are anticipated to elevate its real estate portfolio to a value between Sh25-35 billion over the next decade. Notable projects include the construction of a Sh12 billion mall in Kileleshwa, the development of a 50,000 square-meter logistic park near Mlolongo, and the ongoing construction of serviced apartments in Kilimani, Nairobi.
Benson Wairegi, Britam’s Group Managing Director, revealed in an interview with journalists conducted two weeks after the firm’s AGM that the company intends to make property development and management its core business. This shift is underscored by the creation of a distinct business unit named Britam Properties (Kenya) Limited.
Britam Properties Projects
“Real estate consistently proves to be a lucrative investment, especially in prime areas where our focus lies in establishing these structures. The value of properties, particularly in sought-after locations, tends to appreciate over time. We are pursuing the development of a mall in response to the evident demand in Kileleshwa, where a notable absence of malls exists in close proximity,” stated Mr. Wairegi.
“The envisioned mall will be a mixed-use development, incorporating offices, serviced apartments, and a hotel. The overall project is valued at approximately Sh12 billion, inclusive of the land acquisition cost.”
Britam, a multifaceted company with interests in insurance, asset management, and property development, has invested in land totaling Sh10 billion. The company stands among prominent corporate investors seeking alternative avenues beyond the stock market for their investments.
Mr. Wairegi announced that the leasing process has commenced for spaces within the 32-storey Britam Towers, poised to become the third-tallest building in Africa, soaring to a height of 195 meters above ground level.
In addition to the ongoing leasing activities, the company is actively engaged in the development of serviced apartments in Kilimani and Hurlingham, residential projects in Mlolongo, and mixed-use developments in Ngong Township. Notably, Britam secured a financial injection of Sh3.5 billion from the International Finance Corporation, acquiring a 10.3 percent stake in the company.
Britam is strategically aligning itself to capitalize on a growing trend wherein investors are shifting away from Treasury bonds towards the fixed asset class. This asset class has demonstrated an average capital appreciation of 24.3 percent over the last five years, particularly in areas designated for commercial use, including Kilimani, Upper Hill, and Westlands.
Serviced apartments, in general, are increasingly gaining prominence as a lucrative avenue in the real estate sector, offering enhanced annual yields on investments.
In the realm of serviced apartments, industry specialists note that developers, mainly hailing from the hospitality sector, are directing their focus toward non-resident Kenyans, expatriates, and even local investors. This segment proves attractive to investors due to its potential for both capital value appreciation and rental returns.
Over the past decade, real estate has emerged as one of the fastest-growing sectors, driven by the expanding middle class. Returns on investment in this sector have surpassed those of equities and government securities. The proliferation of shopping malls in Nairobi reflects a concerted effort by retailers to tap into a growing middle class characterized by disposable incomes and a limited range of leisure activities.
AMG Realtors limited has reshaped the land selling business in Kenya since 2012. The company was established by Andrew Gitau, a Kenyan who at the time had just returned home to begin life afresh. while living abroad Andrew had been conned in a fake land deal where he lost money to people he had entrusted to help him acquire Parcels of land back in Kenya.
“When we were living with my wife we had a little bit of savings that we decided to buy a plot with. We actually gave the money to one of our friends in 2006 who was in the land business and he sold us this plot. And up to today, we have never seen the title for that plot and we have never seen the land itself I can’t tell you this is the particular plot,” Andrew quips. He says he had to find a solution to a problem that was becoming common affecting many clients in the diaspora.
“When we were in New York and the little savings that we could make because of the allowances that I used to get, my biggest dilemma was how do I who can I trust this money with to invest back home who will I give this money and can give me a genuine land with a title deed. I used to think that one day I will start a company that will actually be able to deliver titles to people and will sell genuine land. That is actually the Genesis of AMG realtors“.
Birth of AMG Realtors
In an effort to actualize his dream, he began buying parcels of land in bulk in Prime locations. A decision that eventually birthed AMG realtors limited. “A friend of mine called me to Nanyuki and told me there were parcels of land on sale that I should check them out. Once there, I fell in love with the beautiful place because of the Mount Kenya on one side and the Lol Daiga Hills on the other side. Besides, the Aberdares also overlooking as well. So I went sent a write up to everybody I knew including people had worked with in New York I was able to sell 25 acres which was just shocking.
Lily Richards is one of the diaspora clients of AMG Realtors. She is the chairperson of a diaspora community of about 14,000 Kenyan women living and working in the United States. Through AMG Realtors, they have been able to invest back home. Reverend Dr Kennedy Njenga is another diaspora client of AMG Realtors. The 60-year-old man preacher who had lived in the United Kingdom for 30 years was planning to return home in 2021 when he reached out to AMG Realtors.
Currently, AMG Realtors sells land in different parts of Kenya such as Nanyuki, Nakuru, Naivasha, Malindi, Kangundo Road among others. Furthermore, AMG Realtors is transforming the land selling business in the country giving more confidence to potential buyers that it is not all doom and gloom. For instance, 70% of our customers are repeat and referrals so they have been able to spread the word for us therefore we don’t have competition. Our only competition is to make our service better every time to the next customer.