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REAL ESTATE

HFDI lauds tax break, offers incentives for new home buyers

Real estate developer says the relief, coupled with the government’s plan to improve housing infrastructure, will lessen the burden for first time home owners

Cytonn Alma housing project on course

The Alma is a comprehensive residential development with modern one, two and three bedroom apartments in Ruaka

Procurement law set for review to boost housing

Housing, Urban Development and Public Works Principal Secretary Charles Mwaura Hinga has called for the amendment of procurement laws to enable the government realise...

Cytonn firms up investment in real estate

CEO Edwin Dande says they have brought into the market a competitive way of investing that has attracted investors looking for superior returns

Land market remains depressed even as confidence returns

On average, the price of land in Nairobi rose 0.23% in the second quarter of the year, compared to an increase of 2.5% in a similar quarter of 2016

Property returns in a near triple as rents begin to rise

The double digit growth in total returns is driven by rent escalations as landlords are taking the opportunity to charge higher rents following a return to confidence in the property market

Real estate market bounces back

Kenya Market Update report shows prime residential prices and rents increased marginally

Cytonn secures Sh2.1b for real estate projects

The funding forms part of Taaleri’s investment in Africa’s real estate sector through their second Africa real estate fund, and will be channeled towards the development of Cytonn’s real estate projects
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