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...
Jubilee HQ Goes Under Auctioneer’s Hammer
Garam Auctioneers disclosed that the building fetches an estimated monthly rent of Ksh3 million. It is a seven-storey commercial complex with two basement floors, a penthouse on the rooftop, a sentry house and a power house. The total lettable area is 34,000 sq. feet.
James Mwangi’s Brush With Police Rubs Him the Wrong Way
The row over the ownership of a 3-acre piece of prime land in the Muthaiga, Nairobi pits Mwangi against Mount Pleasant Director Anverali Amershi Karmali. Both individuals have laid claim to the land.
Fanaka Real Estate To Launch Philanthropic Arm
Fanaka Real Estate, a certified and award-winning real estate agency, will launch its independent philanthropic organization on Friday, 29thJuly at its main offices at...