NAIROBI, Kenya, Jan 27 – Prime parcels of land formerly linked to Bamburi Cement in Bamburi, Mombasa County, have been put up for sale, sparking debate in business and investment circles.
Real estate firms are advertising dozens of plots along the busy Mombasa–Malindi highway, describing them as prime titled land suitable for commercial, mixed-use, hospitality and logistics developments.
Guide prices range between 50 million and 125 million shillings per acre, reflecting strong demand for land along the coastal transport corridor.
Some of the plots are located near Haller Park and key transport infrastructure and are being sold through private treaty arrangements by property consultants.
The listings come just weeks after Amsons Industries, a subsidiary of Tanzania-based Amsons Group, completed the 23.2 billion shilling acquisition of Bamburi Cement.
The deal was approved in December 2024, with 96.5 per cent of shareholders voting in favour, following a competitive takeover process.
At the time, Amsons Group Managing Director Edha Nahdi said the acquisition supported the company’s regional expansion plans into energy, food manufacturing, warehousing and logistics.
However, the emergence of multiple land sale listings has raised questions about the future of Bamburi Cement’s historic land bank, long viewed as one of its most valuable strategic assets.
Over the years, Bamburi Cement accumulated large tracts of land around its operations, seen as central to long-term sustainability and diversification.
Land use decisions in Bamburi are also sensitive due to the company’s legacy in environmental rehabilitation, including the transformation of former limestone quarries into Haller Park, now an internationally recognised conservation site.
As of publication, Amsons Industries and Bamburi Cement have not issued a public statement addressing the land sale listings or clarifying whether the disposals are part of a broader strategy.
