News

December 28, 2020

Personality traits to differentiate a real estate agent from a con artist

The world of residential real estate has many different players, including appraisers, property managers, contractors, bankers, mortgage loan officers and government agencies, as well as prospective buyers and sellers. But, real estate agents are key...

December 28, 2020

Kitengela Plains: Real estate developments in the outskirts of Nairobi

The property market in Kenya has been burgeoning, with new infrastructure and residential developments around the Kitengela plains stretching far and beyond. In recent years, the Nairobi Metropolitan area has recorded increased development activities, and...

December 28, 2020

Kilimambogo real estate suffers major setbacks

Real estate is a high-potential market equipped with proper tools for modern infrastructure as Kilimambogo investors may have noticed. Integrated infrastructure plays a key role in planning a city. Infrastructures have a massive impact on...

December 28, 2020

Magana Flowers Firm Shuts down

Magana Flowers had stood out as among the few farms in Kiambu that had resisted the allure of real estate. After 25 years in the floriculture industry, Magana Flowers decided to close the doors of...

December 28, 2020

Moody’s raises concerns over Kenyan Banks

US-based Moody’s Corporation, one of the world’s leading credit rating agencies, has projected a higher loan default rate in Kenyan banks of 14 per cent with more significant risk expected in 2021. The agency has...

December 28, 2020

Mortgage facts and myths to note

Market Potential vs. Utilization The Kenyan home loan market is estimated at over Sh800 billion, but only Sh164 billion has been utilized, indicating untapped opportunities. Changing Trends A rising number of individuals are turning to...

December 28, 2020

Most expensive and affluent neighbourhoods in Nairobi

Real estate has been one of Kenya’s fastest-growing sectors in its neighbourhoods over the last decade, fueled by a growing middle class. Returns from real estate have outpaced the returns from government securities and equities....

December 28, 2020

Nairobi among top cities with stolen wealth in real estate

Nairobi is named among top cities whose real estate sector is exceedingly used for laundering proceeds from graft and international financial flows. The amount of illicit money entering Kenya from shady business activities, corruption, crime...

December 28, 2020

Real estate firms that were charged over Sh. 499 million

December 28, 2020

Developers expected to liquidate properties

This year has been a rollercoaster for every industry, especially for real estate market global economies are expected to shrink significantly throughout the end of the year. The Covid-19 pandemic has created an unprecedented crisis...

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