Residential markets

Kileleshwa and Kilimani now Hold 45 Percent of Nairobi’s Apartments for Sale

Residential sales prices remained stagnant in the fourth quarter of 2020 with a drop of 1.2 percent bringing the annual rise in prices over...
Pinnacle

Pinnacle-Linked Indian Firm Ordered to Pay Supplier KES 197 Million

Indian firm White Lotus Group has been ordered by the high court to pay KES 197 million to a supplier in the stalled city...
KRA

New KRA Proposal Tipped to Raise Building Costs

The Kenya Revenue Authority (KRA) is set to upset building costs as it turns its tax collection efforts on building transporters. In a new proposal,...
logistics

Improvon Building KSh. 11 Billion Logistics Facility in Embakasi

Logistics property developer, Improvon, has turned its focus on Embakassi where it is building an industrial park worth over KSh. 11 billion The firm is...
88-Nairobi

88-Nairobi Developer Refunds Pre-Sales Deposits to Buyers

88-Nairobi developer Lordship Africa has refunded buyer deposits worth Ksh 40 million to 12 pre-sale clients of its city condominium project. Lordship Africa Chairman Jonathan...
Ugatuzi Towers

G47 Ugatuzi Towers Project Runs Into Difficulties

The recently launched G47 Ugatuzi Towers project has hit a snag after Kenya County Government Workers Union moved to court challenging the multi-billion shilling...
Kisumu

New Kisumu Land Rates That Will See Owners Pay Over 7,000 Percent More

Kisumu County yesterday published the proposed new land rates which will see the rates payable amount rise by up to 7,275 percent from the...
Konza Technocity

Konza Technocity and Tatu City Rorm Partnership to Attract Investments

Konza Technocity and Tatu City yesterday announced a new partnership that will see the two entities working together to attract investors. In a statement, representatives...
real estate

Global Investors Plan Less than $2 Billion for African Real Estate

Global real estate investment volumes by institutional investors is projected to reach $78.9 billion in 2021 according to this year’s Investment Intentions survey. Africa and...
Building Contractors Kenya

Building Contractors Face Losses on Sharp Rise of Steel prices

Building contractors in Kenya are faced with the prospects of running into significant losses after a steep rise in the prices of steel over...

Popular Posts

Watamu Skyscraper Palm Exotjca

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...
Acre

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

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...

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