Uncategorized - Page 18 of 34

September 22, 2020

Kenyan mall owners count huge losses as rents fall, tenants quit

Prime residential rents and sales prices in Nairobi declined in the first half of 2019 amid a continued oversupply of high-end developments in some locations. With the ongoing supply glut of retail space, Kenyan mall...

September 22, 2020

Kenya seeks partners to build 33,000 affordable homes

The government of Kenya seeks partners to help in achieving its affordable housing Agenda. The government hopes to build 33, 336 houses for the low-income segment across the Country, part of their big plan of...

September 22, 2020

Karen neighbourhood among places outperform regional markets.

Karen neighbourhood located on the outskirts of Nairobi, Kenya, is emerging as a global player in the real estate market. The area is known for its upscale residential properties, high-end shopping centers, and luxury hotels....

September 22, 2020

Huge investment opportunities for prime warehouses in Kenya

Kenya’s industrial sector is booming, providing a wealth of Huge investment opportunities for prime warehouses. The country’s strong economic growth and increasing demand for goods and services are driving the need for more warehouse space....

September 22, 2020

How cities around the world are fighting rent increase

As developments stagnate, economic disparities grow, and housing prices rise in different. Cities are now facing increasing pressure on their housing markets, especially in rental charges that have priced out even high-income earners. Local governments...

September 22, 2020

High court ruling: No equal sharing of matrimonial property

The Fida Kenya organization was disappointed with the high court ruling against their petition on the matrimonial property back in May 2018. The organization had proposed 50/50 sharing of the property upon divorce, therefore wanting...

September 22, 2020

Half-empty Kisumu mall struggles to sign anchor tenant

A Struggle to Sign an Anchor Tenant Half-empty Kisumu mall, which opened its doors a few years ago, is currently facing a struggle to sign an anchor tenant. An anchor tenant is a large, well-known...

September 22, 2020

Grade A Offices: Demand rises as firms seek quality

Grade A offices have become increasingly in demand in Nairobi as firms look for quality and professional spaces to conduct their business. These high-end office spaces are designed to meet the demands of top-tier companies...

September 22, 2020

Global Trade Centre: Sh40 billion hub takes shape in Nairobi

The Global Trade Centre (GTC), launched its first landmark city complex in Kenya. It will redefine Nairobi’s skyline presenting “a dream city and community” in East Africa. The Global Trade Centre includes the Avic Towers...

September 22, 2020

First-time Home Buying to be exempt from stamp duty in Kenya

First-time Home Buying can be an exciting step. There are many costs and fees a first-time homebuyer needs to consider when looking for a property. One of these costs includes a stamp duty tax, which...