Thursday , 23 March 2017

Category: Real Estate and Property

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Lack of awareness to blame for slow uptake of REITs in Kenya

Lack of awareness to blame for slow uptake of REITs in Kenya

By @steveumidha Listed real estate investment stocks in Kenya have so far delivered below par track record and low subscriptions level among Kenyans. This follows investors’ lukew ...

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Superior Homes to list on the NSE

Superior Homes to list on the NSE

@Yatich_ Superior Homes (Kenya) Ltd, have announced their intention to list on the Growth Enterprise Market Segment (GEMS) of the Nairobi Securities Exchange. The real estate deve ...

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Africa’s utility sector excites India manufactures

Africa’s utility sector excites India manufactures

Prime Minister Narendra Modi’s ‘Make in India’ initiative will be hosting a programme for African Power Ministries and utilities for the international platform at Switch 2016, in ...

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Land prices in Nairobi satellite towns surge on construction of by-passes

Land prices in Nairobi satellite towns surge on construction of by-passes

-Average land value had shot up from Sh2.4m in Dec 2007 to Sh15.8m in March 2016 -Prices in 18 Nairobi suburbs increased by 2.5 pc -Muthaiga still the best performing suburb with ...

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CBA unveils mortgage plan for first-time homebuyers

CBA unveils mortgage plan for first-time homebuyers

Commercial Bank of Africa (CBA) launched a new mortgage plan under which qualifying first-time homebuyers can receive up to 105 per cent mortgage financing of the property value. ...

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Kenya’s REITs market poised for boom

Kenya’s REITs market poised for boom

By Steve Umidha A new bidding war is breaking out in real estate sector and the targets of attention aren’t ordinary investors, but something more fashionable; ‘professional inves ...

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Enwealth appoints Nelson Kuria as Board Chair

Enwealth appoints Nelson Kuria as Board Chair

By Steve Umidha                        Enwealth Financial Services has appointed Mr. Nelson Kuria as the Chairman of its Board. Kuria is the former Group Managing Director of Co-o ...

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Buyer demand drives double digit growth in Kenya’s housing market

Buyer demand drives double digit growth in Kenya’s housing market

House sales leapt 4.2 per cent in the first quarter of the year, while the number of new listings increased by14.6 per cent on a year earlier – marking the industry’s first double ...

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Serviced apartments fast gaining popularity in Kenya

Serviced apartments fast gaining popularity in Kenya

Serviced apartments are fast gaining recognition as a core part of Kenya’s hospitality industry. Industry experts say the new concept; common globally is quickly finding footing i ...

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Spend less for more at Safari Park Hotel this Easter

Spend less for more at Safari Park Hotel this Easter

Traditionally, hotels are the best travel retreat – classy, cozy and often expensive. Luckily, there are many ways to score great deals on hotels for your trip this Easter Holiday ...

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