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.Shelter Afrique is now a Development Bank
Shelter Afrique's shareholders have approved plans to elevate the Pan-African Housing and Urban Development Financier into a dynamic Development Bank during the Extraordinary General Meeting (EGM) held in Algiers, Algeria. [...]Mi Vida Homes Signs Deal with IHS Kenya for Green, Affordable Housing
International Housing Solutions (IHS), a private equity fund manager investing in green affordable housing across Sub-Saharan Africa, has, through its Kenya Green Housing Fund, signed an agreement with real estate [...]Investigators Summon 30 Individuals over Portland Cement Land Fraud
Mavoko Constituency Member of Parliament Makau Patrick, is among thirty individuals summoned by the Directorate of Criminal Investigations to shed more light into the East African Portland Cement Land that [...]StanChart, NCBA Stanbic partner with Mi Vida Homes to make mortgage loans within reach of more Kenyans
In a significant stride towards promoting homeownership and financial inclusion, several prominent banks in Kenya have announced partnerships with Mi Vida Homes, a leading real estate developer in Nairobi. These [...]
REITs Experts to Meet in Kenya this October
Real Estate Investment Trusts (REITs) Association of Kenya has organised its annual conference which begins this October 31st to November 2nd, 2023. This meeting aims to boost the growth of [...]Ezra Chiloba, Others Accused of Mismanaging CA Staff Mortgage Scheme
Five top officials of the Communications Authority of Kenya face various actions over an alleged mismanagement of Staff Mortgage Scheme. Director General, Director of Human Resources, Director of Legal Services, [...]
