Investors are leveraging Airbnb to chase returns in the Kenyan real estate market
Airbnb is not new to the Kenyan short-term rental market, yet the platform continues to change the real estate game from Nairobi to Watamu, Kisumu to Maasi Mara, and everywhere [...]
Karen Estate New Look Fuels Migration To Langata, Ngong Town
Property owners in Karen neighborhood estates such as Ngong and Langata are capitalizing on its new look as a commercial hub to make money in rental business and house sale. [...]
Land Price Up Four Times in Ngong Town-Report
Land sellers in Ngong Town are smiling all the way to the bank as prices in the town goes up four times compared to the average satellite towns in Nairobi. [...]Multibillion-dollar projects uplift office space demand in Nairobi
Nairobi is among African cities benefitting from a growing demand of office space as multinational companies renew their interest in the continent with multibillion dollar projects. The occupancy rate in [...]Shelter Afrique gets Positive Outlook from GCR
Shelter Afrique, a Pan African Housing Finance and Development Institution could turn to profitability in the next two years. This is according to GCR, a South African rating agency which [...]
WestProp Holdings IPO Offers Safe and Profitable Investment Opportunity for Public to Join Hands in Building Zimbabwe Brick by Brick, Says CEO Kenneth Sharpe
WestProp Holdings Ltd, a prominent real estate company in Zimbabwe, has made a strategic decision to go public on the Victoria Falls Stock Exchange, offering investors an opportunity to take [...]HF Group Reports a Net Profit of KES 257 Million in 2022
HF Group has reported a significant recovery in earnings, with a net profit of KES 257 million for the year ended on December 31st, 2022, in contrast to a loss [...]Mi Vida Homes Garden City Project Attains IFC EDGE Certification Status
Mi Vida Homes’ mid-market housing project at Garden City has been awarded the EDGE certification by the International Finance Corporation (IFC) on account of the project’s energy and water-saving design. [...]
Anne Kimari Appointed Non-Exec. Director At HF Group
Anne Kimari has been appointed as an Independent Non-Executive Director of HF Group Board of Directors, w.e.f 24th June 2022. Anne has over 25 years of experience in SME Banking, [...]Yellow Secures $23M Debt Funding for Expansion
Yellow, the South Africa-based fintech startup, which delivers asset-backed finance to 200,000 households, has raised US$23 million in debt funding to scale further. In 2018, Mike Heyink and Maya Stewart [...]KMRC to Float Second Tranche of its KSh 10.4b Bond in Mid-2023
The Kenya Mortgage Refinancing Company (KMRC) is set to wait until mid-2023 before issuing the second tranche of its KSh10.4 billion medium term notes (MTN). According to KMRC, the delayed [...]Safaricom Investment Co-op to Construct KSh 750m Housing Project
Safaricom Investment Co-operative plans to construct a KSh 750 m housing project in Ruaka, Kiambu. The Miran Residence is a three-acre urban development that will comprise 450 housing units, each [...]
