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Carrefour Kenya Opens Diani Store, Part of its Coastal Expansion 

This is based on the sector's performance in H1 '2021 which witnessed a slight improvement of 0.1 per cent rental yield to 7.6 per cent from 7.5 per cent in FY' 2020 attributed to increased market activities in the retail front according to Cytonn Investments.

Carrefour, owned and operated by Majid Al Futtaim in Kenya, on Wednesday unveiled its new store Diani Centre Point Plaza in Diani, Kwale County.

The announcement marks a continuation ofCarrefour’s expansion in Coastal Kenya.  This is the first Carrefour store to be opened in Kwale County and the second within the coastal region.

In a statement, Franck Moreau, Country Manager of Carrefour Kenya at Majid Al Futtaim Retail, said, “So far, the response from our customers at our City Mall branch in Mombasa has been overwhelmingly positive and this second store aims to target and serve an even bigger customer base in Kwale County.”

The store boasts 1,000 square meters of selling area as part of the initial first phase opening, which will be expanded to 1,800 square meters in the final phase.

Upon completion, the Carrefour Market will offer over 20,000 assorted goods and products. It will include a fresh fruit and vegetable section, a fresh fishery, a butchery counter, as well as a home-made bakery section.

Carrefour already operates eight stores in Nairobi and one in Mombasa with plans to open two more stores in Nairobi and another store in Shanzu Mall.

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