REAL ESTATE NEWS

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The Telposta Pension Scheme has initiated the eviction of approximately 100 former Telkom Kenya employees from its properties along Jogoo Road in Nairobi, concluding a two-decade-long dispute over a Sh700 million property. The eviction follows a final judgment issued by the High Court on October 17…
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The prestigious Big 5 Construct Kenya exhibition will return to Nairobi's Sarit Expo Centre from November 6 to 8, 2024, showcasing the latest developments in Kenya's burgeoning construction industry. The event is expected to draw more than 150 exhibitors and 8,500 industry professionals from across…
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Jabavu Village, a subsidiary of the Hass Petroleum Group, has found itself embroiled in controversy over its management of an affordable housing initiative in Nairobi. The real estate firm has drawn significant attention for leveraging land designated for affordable housing to obtain a Sh1.9…
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The city of Kisumu has struggled to accommodate its growing population which has far exceeded the capacity of the infrastructure initially built by colonial authorities for a much smaller population. Situated advantageously on Lake Victoria's shores, this city of 1.8 million inhabitants continues…
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The real estate market in Nairobi saw a decline in rental prices in several suburbs during the third quarter of the year from July to September. Recent analysis from Hassconsult reveals a downturn in rental prices across several suburban areas while land values demonstrate remarkable resilience in…
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The Affordable Housing program in Kenya has emerged as a transformative initiative that brings considerable benefits to citizens across the nation. Spearheaded by President William Ruto's Bottom Up Economic Transformation Agenda (BETA), this program aims to address the country's housing deficit by…
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The industrial property sector in Nairobi experienced a notable upswing in rental rates during the initial half of 2024, primarily driven by heightened demand from e-commerce companies and data centre operators. A recent analysis by Knight Frank reveals that Nairobi now commands the second-highest…
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The journey of establishing oneself after completing education often begins with temporary accommodation before transitioning to rented housing. As financial stability and job security solidify, many individuals aspire to homeownership through mortgages. This ambition, however, is tempered by the…
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The Kenyan government is poised to implement a comprehensive overhaul of its tax system aiming to collect an additional Sh83 billion in revenue. This initiative, led by the Ministry of National Treasury and Economic Planning, represents the latest attempt to bring landlords into the tax fold, a…
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The integrity of land titles in Kenya has come under scrutiny following a recent scandal involving the Government Printer. Reports initially suggested that 367 title deeds had been stolen, but the Ministry of Lands later clarified that it was the security papers used for printing these titles that…