REAL ESTATE NEWS

0
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…
3
The implementation of the new National Building Code represents a crucial shift in construction standards, aimed at enhancing safety, functionality, and overall quality in the built environment. This updated code supersedes the outdated 1968 regulations, which many industry professionals considered…
0
Investing in Kenyan real estate presents a lucrative opportunity characterized by robust returns and portfolio diversification potential. To navigate this market successfully, investors must consider several key factors. Foremost among these considerations is the establishment of clear investment…
0
The latest Kenya Economic Report, published by the Kenya Institute for Public Policy Research and Analysis (KIPPRA), has revealed that the real estate sector in Kenya is leading in labour productivity within the services sector. This achievement is particularly noteworthy given the challenges faced…
0
The Kenyan luxury real estate market is experiencing a notable resurgence in 2024, following a period of dominance by the affordable housing sector. While affordable housing initiatives have been at the forefront of discussions and policy measures in recent years, the high-end property market is…
0
The prime office rental market in Nairobi continues to underperform compared to other major African cities, despite a recent uptick in occupancy rates. This trend is largely attributed to an oversupply of office space which has compelled developers to reduce rental prices to retain and attract…
2
A recent report reveals that more than half of the cement samples collected by the Kenya Bureau of Standards (Kebs) in a market survey failed to meet the required standards. According to the findings, a mere 38.1% of cement samples collected during a surveillance operation in February 2022 met the…
2
Dubai's real estate market has emerged as a magnet for Kenyan investors seeking to diversify their portfolios and acquire luxury properties in one of the world's fastest-growing cities. The emirate's promise of economic stability, coupled with its reputation for opulent living, has sparked a trend…
1
Kenya's property market is experiencing significant strain due to ongoing economic challenges with auctioneers increasingly seizing high-value assets across various sectors. This trend is affecting even well-established businesses, highlighting the severity of the financial difficulties facing the…
0
The legal dispute between the directors of Kiambu-based real estate firm Willstone Homes Limited has escalated as the struggle for control over the company's bank accounts intensifies. At the heart of the conflict is Sh839 million held in accounts at Stanbic Bank, part of the company's substantial…