Octagon Africa Fronts Real Estate Investment Options For The Retirement Benefits Sector

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Octagon Africa has deliberated with stakeholders the opportunistic real estate investment options for the retirement benefits sector. The leading regional financial services provider offering pension and insurance services to individuals, nonprofit, public and private sector organizations hosted its 9th Property Investment Conference in Mombasa that brought together various participants and experts in the investments, pensions and real estate sectors.


The three-day conference was officially opened by Housing and Urban Development PS Charles Hinga on day one and Retirement Benefits Authority (RBA) CEO Nzomo Mutuku on day two.


“Affordable housing is an attractive investment vehicle that pension schemes should consider as they are low-risk profile and will get more workers contributing to pension funds,”

said State Department for Housing and Urban Development Principal Secretary, Charles Hinga at the conference.


The conversations were centered on areas such as gaps in the housing sector and the role of pension schemes, emerging trends on alternative investments, technology shaping real estate investments, among other key issues.


Octagon Africa has over the years since inception provided training and property management services for pension and insurance services schemes to its clientele. The company was in 2016 named the best pension provider by World Finance, a leading global authoritative finance magazine.



‘At Octagon Africa we believe in the use of appropriate Investment Vehicles that is why we have put together a team of qualified and experienced professionals who are specialists in the real estate investment options for the retirement benefits sector to spear head these deliberations that seek to bridge the gap on affordable housing where institutional players, particularly pension funds play a critical role in developing securitized investment products that allow individuals to own homes.’

said Godwin Simba C.E.O Octagon Africa in an exclusive interview with the Corporate Watch Magazine on the sidelines of the conference.

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Initially operating as Octagon Pension Services Limited, the company was started in a small office in Nairobi, Kenya and has since opened branches in Kisumu and Mombasa. In line with its Pan-African dream, it has also expanded its operations to Kampala, Uganda and Lusaka, Zambia.


pension and insurance services
Housing and Urban Development PS Charles Hinga with Octagon Africa Executive Director for Strategy&Product Development during 9th Octagon Property Investment Conference that brought together retirement benefits stakeholders in Mombasa. PHOTO/COURTESY



Octagon Africa has grown its client base tremendously from the 10 pension schemes in 2007 with a fund portfolio of Kenyan shillings 7 Billion to more than 70 schemes at the end of 2015 whose portfolio stands at Kenyan Shillings 40 Billion in assets. This is a vote of confidence in the innovative product offering, stability and excellent customer service offered by the company.



The sponsors and partners at the Octagon Africa 9th Property Investment Conference included Crown Paints Kenya Plc, Tecnofin Kenya, UAP OLD MUTUAL GROUP, Acorn Holdings Limited, REITs Association of Kenya (RAK), Heri Homes, Maseno University Retirement Benefits Scheme among others.

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