Sanlam Kenya Plc, a Nairobi-listed financial services group, is selling its current head office building on Nairobi’s Kenyatta Avenue, as it prepares to move to its new Westlands home, a report by Business Daily Africa has revealed.
The Sanlam House, formerly Pan Africa Life House, is considered a “preserved historic monument.”
The firm, which put the asking price for the iconic property that stands on 0.34 acres at Sh460 million ($4.46 million), said it plans to vacate the premises latest April 1 next year. It is ready to get a short-term contract with the new owner pending relocation.
The building whose construction began in 1928 and completed three years later was designed by Chudha International, then under the stewardship of architects Joginder Singh Chudha and Harpal Singh Pawa who parted ways in 1972 after the later retired from active service.
According to the custodian the National Museums of Kenya, the building’s grand style was intended to proclaim the permanence of “lofty ideals of the British rule”.