It was previously Avon Rubber Company. It is a privately owned company that was incorporated in Kenya in 1968. It started off as a rubber products manufacturing company hence its name “Avon Rubber Company”. The manufactured rubber products included bicycle tires & tubes, rubber floor tiles, rubber floor sheets and motor vehicle tires. Avon Rubber Company stopped its manufacturing business in the year 2006 owing to an increase in cheap motor vehicle and bicycle tire imports from China.
The company, now converted into a property company, is located on a total acreage of 3.5 located in a prime area of Nairobi’s Industrial area. The current use & occupancy is comprised of a mixture of shops, offices, workshops and banks including ABSA Bank, Habib Bank, AG Zurich Bank and Spire Bank. With over 65% of the rental space fully let it has a gross annual turnover of approximately 60 million.
The commercial-industrial complex comprises of the following, three fully developed properties situated on the corner of Enterprise and Dar-es-Salaam roads in Industrial Area and occupying 3.5 acres of land and house: