Before we have a closer look into the Two Rivers Mall lucrativeness, have you been there? And if not yet, why so? Especially if you dwell in Nairobi and or it’s outskirts? Well, allow me to take you in for a free ride into the Two Rivers Mall.
“Two Rivers Mall will show the world that Kenya is capable of delivering a world-class experience. It creates employment opportunities and is designed to offer a world-class shopping experience. And hopefully, stop people from going to foreign countries for shopping.
The mall comes with an app that is designed to help the shopper to, for instance, pay for parking and access other information regarding the shopping complex.” In a statement issued by Centum chairman, Chris Kirubi.
As on Tuesday 14th February 2017, the much anticipated Two Rivers Mall opened its doors. In that case, to the public for the first time, adding a world-class retail and entertainment destination. With an offering that is “Too Good To Be True” to the Nairobi landscape and its beautiful serenity. But, the big question is;
Who Owns the Tow Rivers Mall?
On its part, Two Rivers Development Limited is owned by three investors. Namely, the Centum Group, which is a majority-share-owned by billionaire Chris Kirubi. Of course at a stake investment return of 58 percent. On the other hand, is Avic with an equity share of roughly 39 percent and ICDC which seals at a stake of 3 percent.
Chris Kirubi as the main Share Holder
As a matter of fact, the name Chris Kirubi originates from his official name Christopher John Kirubi. Having said that then; it is important to realize that; apart from being a household name, he has various sources of income.
For one thing, he is a Kenyan businessman, entrepreneur, industrialist and philanthropist. Not to mention, he is a Director at Centum Investments. A business conglomerate, in which he is the largest individual shareholder.
Now you have an idea of who this big boss is. Right? Equally, you’ll be surprised to realize that he serves as the chairman of the following top companies too. Including;
- DHL Express Kenya Limited,
- Haco Industries Kenya Limited,
- Kiruma International Limited,
- International House Limited,
- Nairobi Bottlers Limited,
- Sandvik East Africa Limited
- and 98.4 Capital FM.
His Additional Business & Investment Titles
Of course, I was equally astonished like you are. Having realized that he owns all those big and top performing businesses as listed above. To add salt to the wound, Chris is also Non-Executive Director of the following companies. Such as;
- Bayer East Africa Limited,
- UAP Provincial Insurance Company Limited
- and Beverage Services of Kenya Limited.
Now you have a basic knowledge and idea as to why Chris Kirubi is not only a household name but also well loaded. Here is The full story behind Chris Kirubi Business success.
Two Rivers Mall Lucrative Look
Firstly, the Shopping Mall is set on 11 acres, with 67,000 sqm of gross lettable area. Secondly, Two Rivers Mall is the largest mall in Sub-Saharan Africa outside of South Africa, with almost two hundred stores.
The Exterior Outlook
Even though the Two Rivers Mall is one of the youngest and largest malls in Kenya and East Africa at large, it has more to it. Notably, the Mall holds the first position. Especially, on the category of most visited and biggest malls in Kenya. In addition to a handful of others. Including,
- Two Rivers Mall
- Garden City Mall
- Westgate Shopping Mall
- Thika Road Mall (TRM)
- The Junction Mall
- Yaya Centre Shopping Complex
- Galleria Shopping Mall
- The Hub Karen
- and Sarit Centre among many others and upcoming malls yet to be unveiled.
The Two Rivers Mall hosts a diverse mix of more than 150 international and local brands. Such as Nike, Swarovski, Anmol, Chandarana FoodPlus, Zara, Adidas, Magic Planet, Hugo Boss, Woolworths, and Nove Coffee Roaster.
Carrefour is the property’s anchor tenant. The French multinational retailer, with over 12,000 outlets globally, has taken up about 16% of the mall.
Before the middle of the year 2017, the property was expected to add residential apartments. And a five-star hotel. You have all the reasons to check out what is shaking the ground this year. Bearing in mind, it has been almost 2 or more years since its main business windows opened.
In addition to an extensive retail offering, the Mall also provides an outdoor entertainment experience. With one of the many stands out features of the destination being its unique riverfront.
Incorporating spectacular dancing fountains and laser shows. For visitors to enjoy from the numerous restaurants overlooking the water. Adjacent to the riverfront is a Theme Park. With exciting rides for the entire family to enjoy. Including bumper boats, water zorbing, and a thrilling flume ride.
See more features through the Two Rivers Website Page.
The “Eye of Kenya” Wheel —at Two Rivers Mall
Above all, on Thursday, February 2019, Centum Investments launched Kenya’s largest observation wheel at Two Rivers Mall, the latest addition to the facility that features various amenities including theme parks.
Remarkably, the 60-meter-high wheel, dubbed “Eye of Kenya“, has 40 capsules each sitting an estimated six passengers. Besides, it’s meant to give visitors exceptional views of Nairobi.
“As a former chairman of one of Kenya’s organizations tasked with driving Kenyan brand, I am very pleased to see innovations such as the Eye of Kenya launched in the country,” said Centum non-executive director and Two Rivers Development Ltd chairman Chris Kirubi.
“As the tourism sector continues to thrive and grow, we are not closed to the fact that we need to ensure we are offering tourists experiences that are memorable and unique,” he said. President Uhuru Kenyatta was among the honorable guests who graced the launch.
The wheel has 40 rotating capsules with each able to hold 6 passengers. As it rotates, visitors can catch stunning and unobstructed views of both Kiambu and Nairobi city.
How do you get to The Two Rivers Mall by Bus?
Are you Looking for directions to the Two Rivers Mall in Parklands/Westlands, Kenya? How to get to Two Rivers Mall just became much easier with Moovit. Get directions and find the nearest stop using the Moovit Mobile App or Moovit Web App.
Luckily, bus and other options are relevant public transportation alternatives that may be used to reach your destination. The following transit lines have routes that pass near Two Rivers Mall – Bus: 107D, 116, 11B.
Moovit helps you find the fastest directions to Two Rivers Mall, with the most updated time schedules. Download Moovit App to get;
- live step-by-step directions,
- real-time schedule estimation,
- and which nearby transit line will get you to your destination in the shortest time.
Why shortlist the Two Rivers Mall
In general, large shopping malls provide one-stop shopping for anything imaginable. One thing is that; through our above list of largest malls, there is a basic criterion which The Two Rivers Mall beats all the odds.
To enumerate, the world’s largest shopping mall is based on the amount of “Gross Leasable Area”. This is the number of square feet the property has for revenue-generating activities. Such as;
- governmental and NGO offices,
- International Centres,
- Hyper Market and Retail Stores,
- Oriental Express Services,
- Fast Food and Dining Cafes
- amusement parks etc.
For instance, the building boom in Asia, where land is cheap and labor costs are low has produced the largest shopping malls. Moreover, on the list of largest shopping malls in the World, only two shopping malls on this list are located outside Asia.
If you have additions or even contributing content to this profile article, please feel free to share through our Contacts Page. Having said that; below are more related and useful affiliate links you could gather more info from.
- The jmexclusives Agency: Affiliate Products and Referral Brands Overview
- Two Rivers Mall: Facebook Page
- Business Capital: Chris Kirubi —a self-made Billionaire
- Business Daily: Centum sets up ‘Eye of Kenya’ wheel —at Two Rivers Mall
- Two Rivers Mall: A world Class Shopping Mall in the Heart of Kenya
- Touropia: 10 Largest Malls in the World
- World Atlas: The Largest Shopping Malls In Africa