Nairobi, Feb. 9 -- Commercial properties company the Momentum African Real Estate Fund and South Africa's Eris Property are developing a serviced apartment complex in the Runda neighbourhood dubbed Somerset Rosslyn Nairobi.

The property, expected to be opened on December 31, 2023, will be managed by Singaporean real estate firm Ascott.

"Somerset Rosslyn Nairobi offers 150 units of spacious serviced apartments, focusing on exclusive global living through a range of comprehensive lifestyle amenities," said Ascott Limited on its website.

"The locality is home to significant establishments, and is a 30-minute drive from the Jomo Kenyatta International Airport in Nairobi," the hospitality firm added, noting that the property will target bus...