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
Hotel brands’ expansion creates development opportunities for Nairobi
According to Hotels Africa 2018 Report, international hotel chains are increasingly focused on markets currently perceived as undersupplied, hence the significant variation in the distribution of pipeline project
House owners without solar water heaters face huge fines
Energy Regulatory Commission swings into action as deadline for property owners to install solar water heaters lapses today
Real estate sector attracts investors amid high returns
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Among them is Cool Breeze Development Limited, a Nairobi-based group of investors, which last week unveiled plans to construct five 14-floor blocks in a gated community in Nairobi