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REAL ESTATE

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Fanaka Real Estate, NCBA Partner to Simplify Home Ownership Process

Fanaka Real Estate Ltd, a leading real estate company based in Nairobi, has partnered with NCBA, one of Kenya's most respected banks, to streamline the financing process and make your dream home a reality.

Decline in Housing Prices Stimulates a Rise in Demand

Most home buyers sought lower-segment houses in the year 2023 even as real estate developers grappled with a sustained overall decline in housing prices for most part of the year.

From Superior Homes, a Sh14B Master-Planned Housing Project

Real estate developer Superior Homes has officially launched a Ksh14 billion master-planned gated community in Lukenya, Machakos County, which seeks to offer a live, work, and play environment.

Inside MyTown, Biggest Mall In Lang’ata Constituency

Recently, Lang'ata MP Felix Odiwuor alias Jalang'o made a post celebrating the launch of Tibu Health Africa at the recently launched MyTown Mall in...

Absa Bank to Provide 90% Financing for Superior Homes Buyers

Leading real estate developer Superior Homes (Kenya) PLC has signed a partnership with Absa Bank Kenya that will see home buyers enjoy 90% financing.

Premium Student Hostel With 630 Beds Sells for Sh1.48 Billion

The Acorn Student Accommodation Development REIT (ASA D-REIT), Acorn’s development vehicle for student housing, has sold its latest stabilised asset, Qwetu Aberdare Heights II, to the Acorn Student Accommodation Income REIT (ASA I-REIT) in a Ksh1.48 billion deal.

IFC Invests Sh3B in Building 5,000 Affordable Houses in Kenya

IFC has concluded and signed an equity investment worth Ksh3.08 billion ($20.9 million) into International Housing Solutions (IHS) Kenya, a US-owned Southern African Private Equity fund manager that is developing 5,000 affordable houses in Kenya.

Housing Financier Shelter Afrique Morphs Into a Development Bank

Shelter Afrique Shareholders have given the nod to elevate the pan-African housing and urban development financier into a development bank.
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