Kenya-based Centum Real Estate, a wholly owned subsidiary of Centum Investment Company PLC, has signed an agreement with GEM Global Yield LLC SCS (GEM), the Luxembourg based private alternative investment group, to provide Centum Real Estate with a share subscription facility of up to KES 17 billion (about $150 million) for a 36-month term following a public listing. The share subscription facility will allow Centum Real Estate to draw down funds by issuing shares of common stock to GEM. Cent...