Tatu City & Stanbic Bank simplify property ownership

Tatu City and Stanbic Bank partner to make property ownership easier for Kenyans

Partnership opens doors for more Kenyans and diaspora investors to own homes in Kenya’s new city

Tatu City, Kenya, 22 May 2025 – Tatu City, Africa’s leading new city, located just 30 minutes from Kenya’s capital, Nairobi and Stanbic Bank Kenya, a leading commercial bank in Kenya, have entered into a strategic partnership to make property ownership more accessible for Kenyans and the diaspora through flexible and reliable financing solutions.

The agreement, formalized through a Memorandum of Understanding, enables prospective homeowners to access loans for properties at Tatu City and sister projects Oaklands and Zuri Springs, which are modern, master-planned communities developed and owned by Rendeavour, Africa’s largest new city builder with city-scale projects in six African countries.

“This partnership is about removing the financing barrier and helping Kenyans take the bold step toward home ownership,” said Erskine Kiliru, Sales Director, Tatu City. “Together with Stanbic Bank, we are creating a seamless, transparent process that supports buyers from application to title deed.”

On their part, Stanbic Bank has partnered with the Kenya Mortgage Refinance Company to offer up to 105% financing for homes valued up to KES 10.5 million, with a fixed interest rate of just 9.5%.

“As Stanbic Bank, we are passionate about turning dreams into reality. By partnering with Tatu City, we are unlocking access to high-quality developments and helping Kenyans build lasting wealth for themselves and their families. Under our Live Joyfully proposition, we want to offer our customers a smart, affordable way to own their dream property,” Head of Product at Stanbic Bank, Mwaura Mwangi added.

With prices starting from just KES 2.8 million, Tatu City, Oaklands, and Zuri Springs offer a wide range of property options to suit every need, from land banking and rental yield investments to ideal family homes. So far, over 2,000 clean title deeds have already been issued across the developments, proving their credibility and transparent transaction process. With prime locations, ready infrastructure, lifestyle-enhancing amenities, flexible payment plans, and property appreciation of up to 20% annually, these communities deliver exceptional value.

More than 25,000 people currently live, work, and study in Tatu City, with over 100 businesses operational or under development. Major companies include Heineken, Dormans, Kärcher, Cooper K-Brands, Grit Real Estate Income Group, Hewatele, Freight Forwarders Solutions, Roast by Carnivore, ADvTECH, Friendship Group, and Davis & Shirtliff.