Mombasa Ranked Among Top 10 Least Polluted Cities in Africa
Mombasa is ranked eighth among the top 10 least polluted cities on the continent according to the 2020 World Air Quality Report, published by...
Best Performing Real Estate Sector Across Africa
Industrial assets across Africa are commanding attractive yields of approximately 12% on average compared to 9% for both retail and offices and 6% for...
Kenya Signs Yaoundé Declaration on Mass Housing
Kenya is among the 25 countries that signed a joint declaration, the Yaoundé Declaration on Mass Housing, seeking to enhance mechanisms for the mass...
Developer to Build 1,959 Housing Units in Kiambu’s Migaa Golf Estate
Property developer Sycamore Pine Limited is seeking regulatory approval to put up 1,959 housing units in Migaa Golf Estate, Kiambu County.
An approval document filed...
Infraco Invests $10 Million Into Acorn REITs
Private investment firm Infraco Africa has invested $10 million into Acorn Holdings REIT in support of the company’s affordable student accommodation projects in Nairobi.
“This...
Wealth Report Shows Population of Wealthy Kenyans Dropped by 22% in 2020
The number of High-Net-Worth Individuals (those worth over one million US dollars) dropped by 22% last year according to Knight Frank’s 2021 Wealth Report...
Developer to Build Luxury Westlands Skyscraper
Infinity Developers are in plans to launch a highrise apartment tower in Westlands that could rival Upperhill’s 88-Nairobi project.
The West Riverside Tower will sit...
Northern Collector Tunnel Project Set to Increase Nairobi’s Water Supply
Nairobi residents are set to begin reaping benefits from the Northern Water Collector Tunnel that has been under construction in Murang’a County as completion...
Kampala’s real estate sector lost 40 percent of revenues in 2020
Kampala’s real estate sector lost 40 per cent of revenues in 2020 following a contraction in demand during the pandemic.
Property managers disclosed that the...
Umoja-Innercore Road to Get New Upgrade by KURA
Kenya Urban Roads Authority (KURA) yesterday announced plans to construct the Umoja-Innercore road project as part of an intended 408 kilometres upgrade of city...
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New Watamu skyscraper to unseat The Pinnacle as Africa’s number one
A new Watamu skyscraper dubbed Palm Exotjca proposed to be built in Malindi threatens to unseat the proposed Pinnacle Towers to become Africa's tallest...
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’s Construction Costs, 2017
Kenya's Construction Costs are one of the highest on the continent. The construction industry represents 6 percent of global GDP according to the International...
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...