Choosing the Right Developer Has Never Been More Important
Nairobi’s residential real estate market is a complicated landscape to navigate, especially when making your first investment. In recent years, stories of construction collapses, grabbed land, and unfinished developments have [...]
Shelter Afrique to Issue Affordable Housing Loans in Nigeria
Shelter Afrique Development Bank has begun piloting the construction of 370 housing units in Nasarawa Technology Village, Nigeria. “The Nasarawa Technology Village project underscores a successful example of public–private partnerships [...]
Diaspora Capitalizes on Weak Shilling with Real Estate
This rapid devaluation has raised concerns among both local and international investors, but for Kenyans living abroad the devaluing currency presents a unique buying opportunity in Nairobi’s residential real estate sector.Shelter Afrique to Develop Islamic Housing Finance Products
Shelter Afrique, a leading Pan-African housing finance institution has announced a collaboration with the Islamic Development Bank Institute (IsDBI) that aims to develop Islamic Housing Finance Products across Africa. Thierno [...]Bamburi Cement Plc Makes Changes to its Board
Bamburi Cement Plc, a listed Kenyan firm engaged in the manufacture and sale of cement and related products, has announced the appointment of Tito David Koros as a Non-Executive Director [...]Mi Vida Homes Breaks Ground on 3 Key Projects
Mi Vida is an institutional homebuilder formed through a joint venture between Actis and Shapoorji Pallonji Real Estate.
Apartments Market Grows in Q3- Report
The apartment market is seeing a price resurgence backed by renewed demand for inflation beating investment assets in a period where the Kenya shilling is losing value. According to Hass [...]
NSE Admits First Islamic Product on its Unquoted Securities Platform
The Nairobi Securities Exchange PLC (NSE) has approved the listing of Linzi Sukuk on the bourse’s Unquoted Securities Platform (USP), making the product the first Shari’ah-compliant product to be admitted [...]The REITS Association of Kenya Holds Flagship Conference
The Real Estate Investment Trusts (REITs) Association of Kenya (RAK) has hosted its flagship conference, the 2023 RAK Annual Conference at the Enashipai Hotel in Naivasha. The conference-themed; Building Momentum [...]Shelter Afrique Approves US$ 12M Affordable Housing Loan for Guinea
Shelter Afrique Development Bank (ShafDB) Board, headquartered in Nairobi, has approved a line of credit worth US$12 million in housing loan to Conakry-based Vista Bank Guinee SA. Vista Bank Guinee [...]Luxury Enaki Town Homeowners Protest Unfair Lease Agreement
Over 100 homeowners are living in fear of ceding freedom of property use in Nairobi’s Enaki Town development luxury apartments, after the developer introduced controversial clauses to a post-sale lease [...]ILAM FAHARI I-REIT Faces Reorganisation After Offer Oversubscription by 13%
ILAM has been working to restructure the REIT to ensure its sustainability and improve its ability to generate returns for unit holders.
