State seeks to boost Reits uptake with VAT removal businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
socaltech.com
Irvine-based savings and investing app developer
Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with
Pioneer Merger Corp., which trades on the NASDAQ as PACX. According to Acorns, the transaction is being supported by Wellington Management, Senator, Declaration Partners, Greycroft, The Rise Fund (TPG s global impact investing fund), and funds and accounts managed by BlackRock have participated, giving it an expected $450M cash balance at closing. The transaction will give the company a fully diluted equity value of $2.2 billion. Acorns is led by CEO Noah Kerner. Acorns said that, after the completion of the deal, it will operate as Acorn Holdings, Inc., and will trade under the symbol OAKS on the Nasdaq Capital Market. The deal is expected to close in the second half of 2021.
Innovative financing for affordable housing in Africa - New African Magazine newafricanmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newafricanmagazine.com Daily Mail and Mail on Sunday newspapers.
THE STANDARD
BUSINESS
The problem of climate change has swung the world into necessary action; now even buildings have accepted the call to go green.
As have cars, buildings are ready to help battle environmental pollution.
Governments around the world are incentivising green energy in a bid to prevent the globe from inching closer to self-destruction.
Greening a building involves creating an efficiency in the use of materials that make up the house, which helps in saving on resources and minimising wastage.
KEEP READING
World Green Building Council (WorldGBC) describes a green building as a dwelling that, in its design, construction or operation reduces or eliminates negative impacts, and can create positive impact on our climate and natural environment.
Developer to set up Sh5bn hostels
Thursday April 22 2021
Director Student Factory Africa Christopher Osore and Chairman Red Betonbouw B.V. Enes Djerlek during the signing ceremony held at a city hotel. SFAL has partnered with Dutch EPC to build student housing in Kenya worth $50 million. PHOTO | POOL
By OTIATO GUGUYU
Summary
Property developer Student Factory Africa is set to put up a Sh5 billion residence in Karen Nairobi over the next two years.
The firm has partnered with Kenya Conference of Catholic Bishops to launch the 4,500 bed student hostels at Catholic University.
Student Factory’s CEO Christopher Osore said planning the partnership would now embark on construction after successful planning.