Homart Properties has expanded its presence in Rwanda’s high-end real estate market with the launch of Greenland Plaza, a premium residential complex featuring 84 units across 15 floors. Standing nearly 50 metres high and covering 10,000 square metres near the city centre, in Kiyovu, the project which cost over $25 million fits into the City of Kigali’s urbanisation plan. The launch, held on March 21, brought together business leaders, real estate investors, government officials, and Homart Properties’ leaders and clients.
The event featured a ribbon-cutting ceremony symbolising the official opening of the apartments, followed by networking sessions and celebratory awards. ALSO READ: Kigali: 10 key projects to address housing demands Tiger Ben Xiao, the Chairperson of Homart Properties, reaffirmed the company’s deep-rooted commitment to investing in Rwanda. He said that Homart Properties has invested over $200 million in the country across various sectors, beginning with Kigali Ceramics and Kigali Plastics, before venturing into real estate in 2017 with Phoenix Plaza, which has since sold out its phase.
ALSO READ: What types of homes, prices are set for 40,000 new plots in Kigali? “Rwanda is the only country that Homart Group will invest in real estate. The reason is we are very confident. I have travelled to more than 27 countries in Africa.
And we have 11 branches in Africa. But the only destination, the only country we selected for real estate, is Rwanda.” Homa.