CBK Pension Towers Opens for Business
CBK Pension Towers, located in the Nairobi Central Business District, was officially opened by President Uhuru Kenyatta this Thursday. The KSh 2.49 billion 27-storey skyscraper, located along Nairobi’s Harambee Avenue, [...]
Solving the Middle Income Housing Challenge in Nairobi
A 2018 report by Kenya Property Developers Association (KPDA) shows 22% of Kenyans live in cities, and the urban population is growing at a rate of 4.2% every year. It [...]
Home Afrika Cuts Net Losses by 17% to KSh 281.5M
Home Afrika Group, a real estate firm listed on the Nairobi Securities Exchange(NSE), narrowed its net losses to KSh 281.5 Million for the year ended 31st December 2021. In the [...]Shelter Afrique Raises $ 110.7 in Bonds Issuance
Shelter Afrique has raised $ 110.7 million Series 1 fixed rate senior unsecured debut bond issuance in Nigeria’s Capital Market. This is under the mortgage lender's $ 481.3 million bond [...]HF Group to Hold Virtual AGM on May 20th
Housing Finance(HF) Group has informed its shareholders of the upcoming 56th Annual General Meeting(AGM) to be held on 20th May 2022. Shareholders will consider Dr Benson Wairegi, Ms Constance Gakonyo, [...]Acorn Holdings' REITS Post KSh1.16 Billion Net Profit in FY 2021
Acorn Investment Management Ltd (AIML), the entity behind Qwetu and Qejani Student Residences, has posted a KSh1.16 billion net profit for its Real Estate Investments Trusts (REITS) for the year [...]ILAM Fahari I-REIT Issues Profit Warning on Pandemic Woes
ICEAO Lion Asset Management(ILAM) Fahari I-REIT Manager and Trustee has informed Unit holders of the REIT, potential investors and the general public that based on the projected assessment of its [...]Knight Frank Appoints Mark Dunford As its New Managing Director
Knight Frank Kenya, a leading real estate consultancy, has announced changes to its C-suite with the appointment of Mark Dunford as the new Managing Director. The firm also announced that [...]KMRC Plc Issues First Tranche of KSh 10.5 Billion Medium-Term Notes
Kenya Mortgage Refinance Company(KMRC) has issued Fixed Rate Senior Unsecured Medium Term Notes(MTN). The Issuer seeks to raise a maximum of KSh 10.5 billion under this Programme. The first tranche [...]What is TAPU and what is this document for?
Buying property in Turkey can bring great benefits, especially after the country has joined the European Union. If you are planning to invest in real estate, then you should keep [...]To Live Luxuriously: where in Spain an Elite Cottage can be Bought
To live in style on the shores of the Mediterranean Sea is the dream of a great many. If you are seriously thinking about purchase of apartments in Alicante and [...]Kenya in Partnership with UK to Build the Nairobi Railway City
Kenya is partnering with the United Kingdom(UK) to build a new rail hub in Nairobi. This project is poised to be the largest and most ambitious development ever to be [...]
