Why land is one the best investment you will ever make
In Kenya, one cannot talk about investment without the thought of purchasing land crossing your mind. This is majorly because everyone needs a space they can call their own. The [...]
Things to Consider when Building or Buying a Home
There are many factors to consider when buying or building a house to call it home. Everyone has their own opinions when making a home out of a structure. Despite [...]Home Afrika Cuts Net Losses by 62% to KSh 340.3 Million
Home Afrika Group reported a 62% decrease in Loss After Tax of KSh 340.3 Million for the period ended 31st December in 2020, down from a Net Loss of KSh [...]
Acorn Holdings' REITs Post a Profit 5 Months After Launch
Acorn Holdings' Income and Development Real Estate Investment Trusts (REITs) reported a profit five months after launching in Kenya. The Income REIT posted a KSh141 million net profit for the [...]
Kenya's Green Housing Projects Receive KSh 5.2 Billion from UK
The United Kingdom(UK) will pump £35 million (KSh 5.2 billion) to develop Kenya's affordable green housing projects. Britain will make these investments through UK Climate Investments and FSD Africa Investments. [...]ILAM Fahari I-Reit Half-Year Profit Down 51% to KSh42.2 Million
ILAM Fahari I-Reit has posted a net profit of KSh42.2 million in the half-year period that ended on 30th June 2021, down from KSh86 million reported in the same period [...]Centum Posts KSh1.37 Billion Full-Year Net Loss, Changes its Dividend Policy
The giant investment company Centum Investment reported a KSh1.37 billion full-year net loss for the period that ended on 31st March 2021, from a net profit of KSh4.6 billion in [...]Acorn Green Bond raises KSh 2.096 Billion, 146% Oversubscription
Acorn Green Medium-Term-Note (MTN) programme has closed the final tranche with the issuer raising KSh 2.1 Billion against a target of KSh 1.4 Billion, representing a performance rate of 146%. [...]IFC Invests $1.2 Million in Tanzania's Corporate Bond
The International Finance Corporation (IFC), the private sector investment arm of the World Bank, on Thursday ploughed in $1.2 million (KSh129.8 million) in a five-year corporate bond issued by the [...]Rent for Office Space to Decline in 2021 Due to Oversupply-Report
Rent for office space is expected to decline to US$ 8.7 per square metre( KSh 939.60) in 2021 as retail rates fall to US$ 14.6 per square metre(KSh 1576.80). This [...]Kenya Mortgage Refinance Company to Issue Housing Bond by End of 2021
Kenya Mortgage Refinance Company (KMRC) plans to issue a housing bond before the end of this year as part of its strategy to offer cheaper finance to prospective homebuyers. With [...]REITs Are the New Way to Invest in Real Estate in Kenya
Real Estate Investment Trusts (REITs) are gaining traction in Kenya. They are investment instruments backed by income-generating properties like apartments, offices, or hotels. The Real Estate Investment Trusts (REITs) launched [...]
