Kjøller finances new urban district in The Gambia

Kjøller has entered into a financing partnership with Blue Ocean Properties to support the development of Kololi District, a contemporary mixed-use real estate project in Kololi, Gambia.

The project comprises 83 units, including residential apartments, offices, retail space, restaurants and other commercial facilities. Designed to raise the standard for urban living in the region, Kololi District answers the growing demand for higher quality housing and commercial environments in one of West Africa’s most promising coastal economies.

Located in the heart of the Palma Rima corridor, just a short walk from the beach and close to major transport routes, the development is ideally positioned for both local and international audiences. Its central location and Blue Ocean’s strong track record in delivering real estate projects in The Gambia make Kololi District a compelling proposition for families, businesses, investors and organisations seeking accommodation for expatriate staff.

Kjøller’s involvement is focused purely on structured financing. We do not hold equity in the project. By making capital available on flexible terms, we help accelerate delivery and ensure that high quality residential and commercial infrastructure continues to expand across the country.

Kololi District also marks the geographical expansion of our real estate activities. With ongoing involvement in projects in Denmark, Italy and the UAE, The Gambia now becomes the fourth market in which Kjøller’s structured solutions contribute to new growth.

Our strategy remains clear: back scalable initiatives in markets undergoing rapid development. Kololi District reflects that approach and adds a further dimension to the international profile of our portfolio.

Read more about the project here