Low Demand for Office Space in Kenya Limits New Buildings
Despite a strong preference for in-office work, Kenya’s office sector is grappling with oversupply which has resulted in a contraction of planned future developments, a recent analysis by Knight Frank shows. [...]
Activity in Real Estate to Pick Up as Banks Lower Loan Prices
The banking sector is projecting that real estate prices will strengthen in the coming months due to a lower interest climate, renewing hope in a sector that has been hard [...]Where Kenyans Get Capital to Build or Buy their Homes KNBS Survey
A survey by the Kenya National Bureau of Statistics (KNBS) tracks the financing options in the market, which Kenyans who wish to build or buy a home have. Commercial Banks [...]Mi Vida Homes Partners with HF Group to Provide Holistic Home Ownership
Real estate developer Mi Vida Homes, has signed a strategic partnership with the banking arm of HF Group Kenya in a move that will see potential home buyers experience a holistic [...]
Property Dealers Exceed a Year on Average Without Making Single Sale-KNBS
Investors endured an average 16 months in 2023 to dispose of residential properties, with two and three-bedroom apartments taking an even longer time-over 18 months-to sell. One and two-bedroom apartments [...]Top Real Estate Investment Locations in Kenya for 2025
Kenya’s real estate investment market has consistently demonstrated its potential, driven by rapid urbanization, infrastructural developments, and a steadily growing middle class. The potential in Kenya transforms property hotspots, with [...]
Capital Markets Regulator Licenses Future Construct as REIT Manager
The Capital Markets Authority (CMA) of Kenya has granted Real Estate Investment Trust (REIT) Manager License to Future Construkt Investment Managers Ltd, a subsidiary of Construkt Africa LLC (Mauritius), a [...]Africa’s Rapid Urbanization Provides the Opportunity for Green Building Practices
Globally, buildings are responsible for a substantial share of energy, electricity, water and materials consumption using between 35-40% of energy demand and contributing 37 per cent of world carbon dioxide [...]
Purple Dot International Ltd Breaks Ground for Marigold II Residential Development in Lang'ata, Nairobi
Purple Dot International Ltd proudly launched Marigold II, its latest residential project, in a groundbreaking ceremony held on Saturday, in Lang'ata, Nairobi. Aptly named A Statement of Arrival, Marigold II [...]
HF Group to Raise KShs 6bn in Rights Issue after CMA Nod
HF Group is seeking to raise up to KSh6 billion through a rights issue after approval by the Capital Markets Authority (CMA). The group is raising capital as part of [...]Land Prices Grow Despite High Interest Rates, Political Unrest in Q3- Hass Consult Index
The value of land in Ruaka, one of Nairobi’s fastest growing satellite towns, now rivals prime areas in the capital city’s surbubs such as Loresho and surpassing areas such as [...]Rough Ride for Investors as Apartments Record Negative Price Movements in Q3
Economic uncertainty resulting from political unrest is now being linked to slow business in Kenya’s property market in the third quarter of this year. According to third quarter Hass Consult [...]
