Notes for Hotel Owners on Re-opening
With travel at a virtual standstill due to the global COVID-19 outbreak, it’s imperative for hotels to have in place an action plan to...
Jevanjee Estate Developers Seek NEMA’s Approval
Nairobi Bachelors Jevanjee Estates Ltd has submitted regulatory filings for the planned Jevanjee affordable housing project to the National Environmental Management Authority.
The project is...
Public urged to report illegal contractors to police
Property developers have been cautioned against hiring unregistered contractors who the National Construction Authority (NCA) has blamed for the rising cases of sub-standard buildings...
Home Africa reports Ksh. 888 million loss for 2019
Listed property developer Home Africa has published its annual financial statements for the year ended December 2019.
The data shows that while the group saw...
Housing sector need’s Ksh. 50bn for recovery, says institute
The Institute of Budget and Devolution has advised that the government needs to set aside at least KSh. 50 billion to breathe economic life...
Government To Upgrade Kisumu’s Jomo Kenyatta Sports Ground
The government is set to begin construction works for the upgrade of Jomo Kenyatta Sportsground in Kisumu according to Sports Cabinet Secretary Amina Mohamed...
NCA slaps contractors with a 7-year defect liability period
The National Construction Authority (NCA) has published a new set of regulations intended to protect building owners from fraudulent building service providers.
NCA's Defect Liability...
Kenya house prices in decline for five consecutive quarters
House prices have remained in the decline for the five consecutive quarters according to the Kenya Bankers Association House Price Index (KBA-HPI).
The price of...
New logistics property to target SME’s
Industrial property developer Africa Logistics Properties (ALP) is set to begin work on the second phase of its ALP West industrial park which targets...
Shelter Afrique suspends debt repayment until 2021 for seven developers
Shelter Afrique has announced that it will restructure loans for seven Kenyan real estate developers.
The restructuring will see the Pan-African financial institution defer debt...
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Watamu skyscraper to unseat The Pinnacle as tallest building
Before the dust settles on news of the ongoing construction of Africa’s tallest building in Upper Hill, Nairobi, something is happening at the Kenyan...
How Big Is An Acre Really?
An acre is the typical measurement of a piece of land, used by buyers and sellers to have an understanding of the size of...
Kenya Construction Costs, 2017
The construction industry represents 6 percent of global GDP according to the International Construction Market Survey for 2017.
However, productivity growth in the construction industry...
AVIC unveils the Global Trade Centre in Nairobi
Chinese company AVIC International, through its Kenyan subsidiary yesterday unveiled the Global Trade Centre (GTC) a city complex set on 7.5 acres of land...
Second Phase of Dongo Kundu Bypass to begin next month
Phase 2 of the Dongo Kundu bypass project is set to be rolled out from next month after the Attorney General gave clearance to...