Kenya Airports Authority (KAA) expects its land holdings to be worth more than one-trillion shillings ($9.9-billion) after a revaluation is concluded in a month, CEO Jonny Andersen said. “Since we’ll have a different balance sheet, we can go to the banks and ask for completely different financing because we’ll have so much value,” Andersen said in an interview in the Kenyan capital, Nairobi. “It will completely change the balance sheet of KAA because we are valued at a completely different rate.”
Kenya airports body sees land at $10bn on revaluation
2019-04-12T09:36:41+01:00April 12th, 2019|