In this article, we explain who owns Two Rivers Mall, its significance to the Kenyan shopping culture and the activities you can do there.
The mall nestled in the bustling heart of Nairobi, Kenya, is not just a shopping destination; it’s an iconic establishment that redefines the concept of retail and entertainment.
With over 67,000 square meters of retail space, an array of dining options, a water park, and a state-of-the-art conference center, it’s a haven where luxury and convenience seamlessly converge.
The mall which describes itself as “the ultimate one-stop destination” offers a variety of amenities and services all under one roof, including convenient shopping, diverse dining options, family-friendly entertainment, and a professional environment for work and business.
With hotels and residential areas available, the mall is also a complete living experience for those who want to be close to everything they need. It is the largest shopping mall in sub-Saharan Africa outside of South Africa.
The mall boasts a variety of international brands such as; Carrefour Supermarket, Burger King, LC Waikiki, Nike, Adidas, Woolworths and Hugo Boss just to name a few.
Two Rivers Mall is part of a Ksh25.1 billion development by Centum Group, which is majority-owned by the late billionaire Chris Kirubi.
The Mall got its name from the River Rui Ruaka and River Gachie which perimeter and source water for use in the mall.
Activities you can do at Two Rivers Mall
Two Rivers Mall in Nairobi, Kenya, is renowned for offering a diverse range of family-friendly activities that cater to visitors of all ages. Whether you’re seeking thrilling adventures or a leisurely day out, Two Rivers Mall has something for everyone. In this comprehensive guide, we explore the exciting fun activities available at the mall and provide details about their prices.
1. The ‘Eye of Kenya’: Ferris Wheel Ride
Two Rivers Mall boasts Kenya’s first and only Ferris wheel, famously known as the ‘Eye of Kenya.’ This gigantic Ferris wheel stands an impressive 60 meters tall and has a diameter of 55 meters. With 40 cabins or capsules, each capable of holding up to 6 passengers, it offers a spectacular panoramic view of Nairobi city. The slow and continuous rotation takes 14 minutes for two full turns, allowing passengers to savor the breathtaking scenery.
Price: A single ticket for the Ferris wheel ride costs Kshs 500 per person.
2. Flume Ride
The Flume Ride at Two Rivers Mall is a thrilling 7-meter-high log ride with two exhilarating drops into water channels. It’s suitable for both children and adults of all ages. Passengers sit in logs that are propelled down the flume by the water flow, providing an adrenaline-pumping experience.
Price: A ride on the Flume costs Kshs 500 per person.
3. Drop Tower
The Drop Tower at Two Rivers Mall is a thrilling 17-meter-high drop ride with multiple programming options, ensuring a different ride experience each time. Riders initially experience free fall, followed by rapid and drastic deceleration. This ride is most suitable for older children and adults, offering a unique aerial view of the mall.
Price: A ride on the Drop Tower costs Kshs 500 per person.
4. Aqua Play
Aqua Play is a water play area designed exclusively for children under the age of 12. It’s the perfect place for kids who enjoy splashing around and having fun in the water.
Price: Aqua Play is free for children under 12 years old.
5. Airborne Shot
Description: Airborne Shot is an extreme ride with 8 arms, each seating 2 persons. This exhilarating experience is suitable for both adults and children above a certain height.
Price: A ride on Airborne Shot costs Kshs 500 per person.
6. Sports Bar
Two Rivers Mall features a Sports Bar with a massive 2.5m x 2m LED screen, offering live sporting action for customers to enjoy while relaxing at the mall.
7. Acrobats Show
The mall hosts a mesmerizing Acrobats Show that’s free of charge, providing entertainment for visitors of all ages.
8. Mad Max Karting
Mad Max Karting, located within Two Rivers Mall, offers a thrilling go-karting experience on a 400-meter racing track. This unique attraction is open to both adults and children.
Price:
- Weekdays: Kshs 2,500 for 10 minutes, Kshs 4,000 for 20 minutes.
- Weekends: Kshs 3,000 for 10 minutes, Kshs 5,000 for 20 minutes.
9. Two Rivers Cinema
Description: Two Rivers Cinema is a must-visit for film enthusiasts. It is one of the largest theaters in the region, featuring blockbuster movies in 2D, 3D, or 4DX formats for an immersive cinematic experience. Snacks are available for purchase within the cinema.
10. Nyumba Cinema
Description: Nyumba Cinema, also located within the mall, offers a more intimate cinema experience with a variety of shows to choose from, making it ideal for those who prefer a less crowded setting.
11. Dine at The City Lodge Hotel
The City Lodge Hotel, situated within Two Rivers Mall, offers a luxurious dining experience and premium accommodation. It’s a four-star hotel with well-appointed rooms, 24/7 room service, and a wide range of cuisines. Conference facilities are also available for corporate meetings.
Two Rivers Mall truly offers a world of entertainment, dining, and leisure options for visitors. Whether you’re seeking thrilling rides, family-friendly activities, or a luxurious dining experience, this iconic mall has it all.
Who owns Two Rivers Mall
1. Centum Investment Company PLC:
Centum Investment Company PLC is the leading force behind the firms who owns Two Rivers Mall. Established in 1967, Centum has earned its reputation as a prominent investment company in East Africa. Their diversified portfolio spans across various sectors, including real estate, financial services, and infrastructure. Centum’s commitment to excellence is mirrored in their ownership of Two Rivers Mall.
FAQ:
- Q1: Who owns Two Rivers Mall?
- A1: Two Rivers Mall is owned by Centum Investment Company PLC, a renowned investment company in East Africa.
2. Athena Properties Limited:
Athena Properties Limited, a subsidiary of Centum, is the driving force behind the development of Two Rivers Mall. Their dedication to meticulous planning and execution has been instrumental in bringing this grand vision to life. Athena Properties Limited ensures that every detail, from architecture to amenities, meets the highest standards.
Who developed Two Rivers Mall?
- A2: Two Rivers Mall was developed by Athena Properties Limited, a subsidiary of Centum.
Key Individuals Involved
Chris Kirubi
The late billionaire businessman Chris Kirubi was the majority shareholder in Centum, headed by James Mworia as the CEO. The Capital FM owner and deejay was also a director at Centum.
One of Kenya’s wealthiest businessmen when he was alive, Kirubi had a fortune estimated at $220 million (Sh22 billion), according to Forbes. Forbes put his stake in centum at 27 per cent stake in Centum, 49 per cent stake in Haco Tiger Brands, the DHL franchise in Kenya and extensive commercial and residential real estate in Nairobi.
Mworia & Ndegwa Families
James Mworia and Dr. Donald Ndegwa, prominent figures in the Kenyan business landscape, are also associated with the ownership of Two Rivers Mall. Both have held leadership positions within Centum Investment Company, and their involvement has contributed significantly to the mall’s success.
Other Stakeholders
Apart from Centum and the key individuals mentioned above, there are numerous other stakeholders, including institutional investors and shareholders of Centum Investment Company. The complex ownership structure involves various entities that have collectively contributed to the growth and success of Two Rivers Mall.
The Birth of Two Rivers Mall
The story of Two Rivers Mall dates back to the early 2000s when Centum Investment Company PLC recognized a burgeoning need for a world-class shopping and entertainment center in Nairobi. Armed with a visionary outlook and a keen understanding of the untapped potential in the real estate market, they embarked on a journey to create something extraordinary.
FAQ:
- Q3: When was Two Rivers Mall opened to the public?
- A3: Two Rivers Mall was officially opened to the public in February 2017.
The Vision for Two Rivers Mall
Two Rivers Mall has been more than just a commercial venture. It embodies the vision of its stakeholders to create a world-class shopping and entertainment destination in Kenya. This vision has driven continuous innovation and expansion, making the mall a dynamic and ever-evolving space.
The Impact on Kenya’s Economy
Two Rivers Mall has not only transformed the shopping experience in Kenya but has also had a significant impact on the country’s economy. It has created thousands of jobs, attracted local and international brands, and contributed to the growth of the retail and entertainment sectors.
Conclusion
In conclusion, Who owns Two Rivers Mall is a testament to the collective efforts of Centum Investment Company, key individuals like Chris Kirubi, James Mworia, and Dr. Donald Ndegwa, as well as various other stakeholders. Its ownership structure reflects a commitment to excellence and a shared vision to provide Kenyans with a world-class shopping and entertainment experience. As it continues to evolve, Two Rivers Mall remains a cornerstone of Kenya’s retail and entertainment landscape.
