Real estate company Fusion Estates has tapped former Mhasibu
Housing Company CEO Morris Njagi to drive its growth agenda in Kenya, effective
February 4.
Fusion Estates is a
subsidiary of Fusion Capital Limited, a Kenyan private equity firm and real
estate developer which focuses on acquiring, master-planning and developing
land as well as property management.
According to the company, Njagi brings a wealth of
experience to Fusion Estates, having held key leadership positions in the real
estate sector.
With over 12 years of industry expertise, he is
well-positioned to lead Fusion Estates into its next phase of growth, the firm
noted.
“The board of directors at Fusion Group have expressed their
strong confidence in Morris’s ability to steer the company to new heights,” it
said in a statement.
Fusion Group CEO Daniel Kamau said:
“His extensive expertise in real estate, strategic
leadership, and business development aligns perfectly with our vision for
growth and innovation. We look forward to his leadership in driving Fusion
Estates towards great success,”.
Njagi is widely recognised for his passion for real estate development,
stakeholder engagement, and fostering a high-performance organisational
culture.
Under his leadership, Fusion Estates expects to strengthen
its position as a premier real estate organisation, delivering high-quality
land investment solutions and value to investors.
He holds a Master’s Degree in Business Administration from
Mount Kenya University and a Bachelor of Commerce degree in Marketing from the
University of Nairobi.
His appointment marks a new chapter for Fusion Estates as it
continues to expand its portfolio in the real estate sector.
“I am honoured to
take on this role at Fusion Estates. The company has built a strong foundation,
and I am excited to lead the team in achieving new milestones in real estate.
Together, we will continue to create lasting value for our clients and
stakeholders,” said Njagi.
Fusion Estates parent
company– Fusion Capital has an expansive and well capitalised asset portfolio
of up to $200 million (Sh25.8 billion) comprising various assets in Kenya,
Uganda and Rwanda.
