Former Centum Real Estate managing director Samuel Kariuki is the chief executive of property developer Mi Vida Homes, effective June 1, 2022.
Mi Vida Homes is a joint venture by ACTIS, the largest real estate private equity investor-developer in sub-Saharan Africa, and Sharpoorji Pallonji Real Estate (SPRE), a significant player in the Indian real estate sector.
“Kariuki brings a wealth of experience in investment and real estate. We are confident he is the right person to drive Mi Vida Homes’s growth strategy, including its ambitious affordable housing projects in the pipeline,” Mi Vida Homes Board member Koome Gikunda said.
According to Kariuki, Mi Vida is unique in its market, given its opportunity to combine the financial and technical strengths of ACTIS and SPRE to build a pan-African home platform.
“I am excited at this opportunity of taking Mi Vida Homes to its next phase of growth, where we will continue to deliver on our brand promise to our customers. We are at an advanced stage of launching the second phase of our Garden City apartments project and are finalizing the acquisition of new sites for affordable housing projects within Nairobi,” said Kariuki.
Kariuki holds an MSc in Finance (Economic Policy) degree from the University of London, an MBA in Strategic Planning from Heriot-Watt University, an undergraduate degree in Applied Accounting from Oxford Brookes University, and an engineering degree from Moi University.
He also holds certification in construction management.