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REAL ESTATE

CMA Steps Up Quest For a Kenya National Real Estate Investment Trust

The Capital Markets Authority (CMA) in collaboration with Sanduku Investment Initiative, Association of Pension Trustees and Administrators of Kenya (APTAK) and the Nairobi Securities Exchange (NSE) has made significant progress towards the creation of a  Kenya National REIT (KNR).

6 Biggest New Malls Opening in 2023 in Nairobi, Machakos

Several major mall construction projects are scheduled for completion in 2023, including prime locations in Nairobi and the neighboring Machakos county. With the most established malls recording occupancy rates of over 90% in H2 2022, the prime retail space remains attractive to real estate investors despite shifting market trends.

Real Estate Firm To Build Houses For Its Land Buyers

Mizizi Africa Homes has introduced a new concept where clients who buy land from it can have the plots developed with customized units.

Value of Nairobi’s Hot Properties Grows Faster Than London, Hong Kong

With 2.9% growth compared to Q3 2021, Nairobi was the only African city listed among 45 global cities that recorded annual growth in the third quarter of 2022. Globally, prime price growth dipped for the second consecutive quarter. In the period under review the average annual growth dropped from 10 per cent in Q1 to 7.5 per cent in Q3.

Ruth Mbula: How I Became A Real Estate Company Owner At 30

She is full of positive vibes. In her early 30’s, Ruth Mbula says she is living her dream, providing comfort to her clients –...

CIC Group Sets Steep Price Of Sh7 Million For Kiambu Plots

CIC Group has kicked off the sale of its 50-acre Ushirika Gardens land located in Kiambu. The land, which is part of a 200-acre...

New Class Of Assets Emerges In Nairobi’s Real Estate Sector

Over the past decade, Nairobi’s development pipeline has been through multiple cycles. First came the commercial offices boom at the start of the decade,...

Gulf African Bank Deal To Offer Shari’ah-Compliant Mortgages

Mi Vida Homes and Gulf African Bank have entered into a partnership that targets homeowners seeking to take advantage of the prevailing low mortgage...
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