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Mauritius-based Multibillion Company Behind Buffalo Mall Naivasha

Daisy MoraabyDaisy Moraa
January 12, 2026
Reading Time: 3 mins read
Buffalo Mall

A photo of the Buffalo Mall along the Nairobi–Nakuru Highway. PHOTO/flickr

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Buffalo Mall, strategically situated along the bustling Nairobi–Nakuru Highway, stands as one of Kenya’s largest retail complexes.

Spanning 85,000 square feet, the mall officially opened to the public in February 2015 and quickly became a key shopping destination in Naivasha.

Hosting over 25 outlets, it features a mix of local and international brands, catering to diverse consumer needs.

Buffalo Mall Founders, Owners and Investors

Buffalo Mall, which sits on 45 acres, was owned by the late Tom Cholmondeley, the great-grandson of tycoon Lord Delamere.

For the first phase, Mr Cholmondeley partnered with British firm Lloyd Capital Partners (LCP) to develop 22,000 square meters of retail space, with the firm owning a 75 per cent stake in the project and the Delamare family the remaining 15 per cent. The first phase cost KSh 715 million.

The second phase of the project will involve more shopping malls, restaurants, apartments, leisure places, office spaces, warehouses, fuel stations and hotel complexes.

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Also Read: Brains Behind Nairobi’s Multi Million Retail and Entertainment Hub, Signature Mall


A South African firm, Delta Africa Property Holdings, purchased a 45.5 per cent stake of the mall at Ksh 418 million in 2015.

In 2016, Buffalo Mall was acquired by Grit Real Estate Income Group, further boosting its profile in Kenya’s commercial property market.

Grit Real Estate Income Group, a Mauritius-based property firm, owns 100% of Buffalo Mall in Naivasha along the Nairobi-Nakuru Highway.

The firm acquired the remaining 50% stake in April 2023 for KSh 262.8 million, following its initial 50% purchase in 2016, achieving full ownership of the 85,000 sq ft retail centre.


Also Read: Kenya’s Hidden Gems: 10 Magical Places You Can Visit to Make Your Holiday Unforgettable

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The mall operates in the Buildings and Property industry as a private company. Its investors include Lloyd Capital Partners and The Pivotal Fund.

Services

The popular Buffalo Mall is located in Naivasha and serves as a stopover for motorists on the Nairobi–Nakuru highway.

Some of the popular brands available at the mall include Java, Foodplus, Optica, Healthy U, City walk, Goodlife, Bata, Craydon fashions, Wine gallery, Rift Valley Spur, HF Group, Quip bank, Bliss Spa, Just Fresh, Flower shop, and Pazuri Furnitures, among many others.

The mall offers amenities such as baby-changing rooms, clean washrooms, and toilets for people with disabilities. It also offers free, safe, and ample parking for individuals visiting the mall.

The mall is open Monday to Saturday from 9.30 am to 9.30 pm and on Sundays from 10.00 am to 9.00 pm.

Follow our WhatsApp Channel and join our WhatsApp Group for real-time news updates.

Buffalo Mall
A photo of the Buffalo Mall along the Nairobi–Nakuru Highway. PHOTO/skyscrappercity.
Tags: BusinessMall
Daisy Moraa

Daisy Moraa

Daisy Moraa is an all-round journalist at The Kenya Times, covering education, business, politics, and health. She specializes in storytelling, news reporting, and content creation, with experience across both mainstream and digital media platforms. She actively champions for the Sustainable Development Goals (SDGs), focusing on mental health awareness and sustainability. She holds a Bachelor of Science in Communication and Journalism from Rongo University. She can be reached at [email protected].

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