Mi Vida Homes Secures Bulk Sale of Residential Units at KEZA Riruta to Local Fund
Residential developer Mi Vida Homes has secured a bulk sale of a portion of its 1, 100 units KEZA Riruta residential development located off Naivasha Road to a local fund. [...]
Troubled KUSCCO to Auction 50 Properties in June
The Kenya Union of Savings and Credit Co-operatives (KUSCCO) is preparing to auction off a portfolio of real estate assets in a nationwide campaign, with 50 properties slated to go [...]KCB, Superior Homes Sign Deal to Finance Tailor-Made Mortgages
Real estate developer Superior Homes Kenya has signed a deal with KCB Bank Kenya to support the mid-income and premium housing market segments. Whether you are a first-time buyer, an [...]Home Afrika Breaks Decade-Long Loss Making Streak
After a decade of losses, listed real estate developer Home Afrika Limited has returned to profitability, posting a KSh 133.5 million net profit in 2024, from a KSh 27.8 million [...]
Ethiopia to Allow Foreigners to Own Real Estate
Ethiopia's Council of Ministers has ratified a draft law that will define how foreigners can own real estate, as the country reforms its laws to encourage foreign investment. Ethiopia has [...]
Karen, Gigiri Join Apartment Hotspots as Land Prices Stall in Q1
Land prices in Nairobi suburbs remained unchanged in the first quarter of 2025 compared to the previous quarter, as property sale prices in the areas contracted for a fifth straight quarter, the [...]East Africa Property Investment Summit: Kenya’s Luxury Hospitality Sector Soars Despite Challenges
The luxury hospitality sector is experiencing significant growth, driven by international visitors and a stable economy. Experts at the upcoming EAPI Summit in Nairobi will address challenges, while exploring opportunities [...]
Court Blocks Share Transactions in Vipingo Group Companies Pending Appeal by Welsh Businessman
The Court of Appeal in Malindi has granted an injunction preventing the transfer or dealing of shares held by First European Finance Investment Limited (FEFI) in three real estate companies [...]Kenya’s Residential Market Booms: Opportunities and Challenges Ahead
16 April. Nairobi. Kenya’s residential market is thriving, driven by rising demand from buyers, expatriates, and international investors. The luxury and affordable housing markets are having a moment with potential [...]Government Erred in Disposing Leased Land Despite Renewal Application-Supreme Court
The Supreme Court has ruled in favour of an aggrieved land owner whose land was reallocated and then sold off after the expiry of the lease period, despite making an [...]Afreximbank Launches First African Trade Center in Nigeria
Multilateral Bank African Export-Import Bank (Afreximbank) has commissioned its first Afreximbank African Trade Centre (AATC) in Abuja, Nigeria, as it sets its ambitions on similar projects across and outside the continent. “The [...]
How Land Registration Delays Forced Textile Firm to Pay More Taxes
The Tax Tribunal has dealt a blow to Fine Spinners Limited, a textile firm, after it affirmed a decision by the Kenya Revenue Authority (KRA) requiring the payment of an [...]
