The Zaria Village Starts Coming to Life
Located in Kiambu County, The Zaria Village was unveiled in September 2019 by the Safaricom Investment Co-operative (SIC), with an objective of empowering prospective investors and clients by availing the [...]
Acorn Targets Fund Managers with REITs
Acorn, a leading property developer, has rolled out an 8-week roadshow to sell its Real Estate Investment Trusts (REITs) to fund managers. This promotion, which took off a week ago, [...]
Housing Prices For Q2 2020 Show Signs of Recovery Bankers Index
The growth of housing prices in Kenya is slowly giving signs of recovery, after falling for six consecutive quarters. Kenyan Bankers Association's (KBA) pricing index shows that housing prices for [...]IFC, Shelter Afrique, Join Kenya Mortgage Refinance Company Board
The International Finance Corporation(IFC) and Shelter Afrique are the new board members of Kenya Mortgage Refinance Company(KMRC), a state-owned mortgage finance firm that also has private sector players. The two [...]Home Africa Made KSh 888.8 Million Loss in 2019
Home Afrika Group, a property development company listed at the Nairobi Securities Exchange (NSE) slid deeper into losses in 2019 making a KSh888.8 million net loss. The company posted a [...]Off-Plan Purchasing: Should you Take the Risk?
When buying into an off-plan project you're buying a property that does not exist yet. It could be under construction or even existing just in the form of plans and [...]
Nairobi Residential Real Estate Covid-19 update
The WHO characterized Covid-19 as a pandemic on March 11th, becoming the first pandemic to be caused by a coronavirus. The Kenyan Ministry of Health confirmed the first case in [...]Tatu City Progress Since Inception
Ever since Tatu City was gazzetted as a Special Economic Zone in June 2017, it has recorded positive growth developmentwise in the aspect of: Over 20km of tarmac roads Over [...]Nairobi's Office Space Market on Slow Recovery; Report
Occupation of new office space has increased, boosting activity in Kenya’s commercial market. This is despite a rise in defaults rates in the mortgage market and low sales of new [...]Weak Economy hit Kenya's Property Prices
A weakening Kenyan economy continues to show its ugly face in the form of declining property prices. The latest Kenya Bankers Association House Price Index(KBA-HPI), shows that house prices between [...]Tatu City Charts Record Growth
Since its international investors secured legal support in 2016, Tatu City has grown to be one of the most promising urban developments in Africa with its long-term goal of de-congesting [...]Oversupply to Blame for Nairobi's Falling Prime Residential Prices
Knight Frank (KF) reports that house prices in Nairobi prime residential market fell by 5.4 per cent in the year to September. KF Prime Global Cities Index (PGCI) for Q3.2019 [...]
