Fusion Estates, a subsidiary of Fusion Capital Limited has today launched Alpha Meadows a controlled gated community residential project in the Makutano area of Kikuyu.

Fusion Capital Limited, the Nairobi-based real estate developer and private equity house has today announced the appointment of Mr. Kevin Sanya as General Manager for its new Subsidiary Fusion Estate Management Limited.

The year 2015 has been a difficult one for the Kenya economy characterised by rising interest rates, significant decline in the equities market, weakening shilling just to name a few.

However, our view based on Kenya's fundamental economic strengths is that the issues the country is facing are temporary and the current investors' returns will continue to be robust in the long term.

"We believe that the Coast remains a strategic destination in East Africa, with a port which serves the region. The fact that it remains a tourism destination means we expect the middle class to continue growing, creating demand for housing".

Nairobi-based real estate and equity firms have continued to express interest in investing at the Coast, a market that has in the recent past been shunned by investors due to security concerns. Fusion Capital is one of the companies that is putting their money in the coastal region.

Fusion Capital's quality management system processes have been certified as compliant under the ISO 9001:2008 standard. This international recognition is a milestone, allowing us to do business anywhere in the world. it also gives our potential partners confidence. We are very please as a Group with this achievement as it emphasizes how much quality is a priority for us.

The Kenyan Shilling has recorded significant volatility against the major currencies especially the Sterling Pound and the US Dollars. This year alone to 31st July 2015, the Kes has depreciated 11.16% and 14.45% to the GBP and USD respectively. This performance has been affected by factors both internally and externally.

However with various measures being taken to shield the shilling and looking at the prospects of recovery, we believe there is a buying opportunity.

Read more on the report attached.

Kenya is the third African country to establish a real estate investment trust (REIT) framework. Kenya's framework is unique in that it makes an effort to address the unique needs of its market by facilitating mobilization of capital for developing of real estate through Developing Real Estate Investment Trust (D-REIT), and capital to invest in complete buildings through Income Real Estate Investment Trusts (I-REIT).

'I would like to wish you all a happy new year and to thank everyone who helped make 2013 such a successful year for Fusion'.

Fusion Group has seen remarkable expansion over the course of 2013 and we can confidently say that we've secured our place in the East African region as one of the most forward thinking and qualified investment managers.

We are confidently looking ahead at what the future holds, within the exciting growth story that is unfolding throughout Sub-Saharan Africa. With a very active deal pipeline, in both real estate and private equity, 2014 is set to be another stellar year for Fusion.

'Fusion has invested in more than 30 private equity and real estate deals across the East African region; we are bridging the gap between capital and investment opportunities'.

'We have a lot of confidence in the company’s capabilities and track record. We worked with them before, so it's a management that's actually tested'.

It is great to play a part in enhancing a business which is so vitally important to Rwanda’s development objectives. We are delighted to be on board.

It is exciting to note that despite the investments in billions into the real estate housing sector, we are yet to approach equilibrium on demand and supply.

We have revamped the Media Watch to an interactive online medium