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Real Estate

Hyatt Regency's Grand Opening Boosts Nairobi's High-End Hotel Sector
Real Estate

Hyatt Regency's Grand Opening Boosts Nairobi's High-End Hotel Sector

Nairobi's hospitality sector has welcomed its latest luxurious offering with the grand opening of the Hyatt Regency, which commenced operations on Wednesday. This new high-end hotel aims to attract an upscale global c…

Jan 23, 2025
Karen & Westlands Join List of Nairobi Estates with Falling Rents
Real Estate

Karen & Westlands Join List of Nairobi Estates with Falling Rents

In the final quarter of last year, Nairobi's real estate market underwent a notable shift, characterized by a decrease in rental prices across several suburban and satellite towns. A report released by Hass Consult on…

Jan 22, 2025
13 Million Kenyans in the Dark About Government's Affordable Housing Initiative
Real Estate

13 Million Kenyans in the Dark About Government's Affordable Housing Initiative

A substantial segment of the Kenyan population remains largely uninformed about the government's Affordable Housing Programme (AHP), despite considerable promotional efforts. According to findings from the Kenya Natio…

Jan 20, 2025
Kenyan Malls See 98% Occupancy While Office Buildings Face Mounting Vacancies
Real Estate

Kenyan Malls See 98% Occupancy While Office Buildings Face Mounting Vacancies

The commercial real estate market in Kenya is experiencing a notable decline, particularly in the office space sector. This is according to the 2024 Real Estate Survey by the Kenya National Bureau of Statistics. The d…

Jan 19, 2025
Kenya's Largest Mixed-Use Project 'LV Marina' Launches in Kisumu with Sh120B Investment
Real Estate

Kenya's Largest Mixed-Use Project 'LV Marina' Launches in Kisumu with Sh120B Investment

GulfCap Real Estate has officially launched construction on the LV Marina, anticipated to become the largest mixed-use development in Kenya, situated in Kisumu. With an estimated total investment of Sh120 billion, the…

Jan 19, 2025
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47% of Kenya's Real Estate Firms Operate Without Professional Registration
Real Estate

47% of Kenya's Real Estate Firms Operate Without Professional Registration

According to the recently released 2023-24 Real Estate Survey conducted by the Kenya National Bureau of Statistics (KNBS), a substantial portion of Kenya's real estate sector operates without adequate regulation. The…

Jan 16, 2025
Kenya Property Report: Larger Units Outperform Studios in Rental Returns
Real Estate

Kenya Property Report: Larger Units Outperform Studios in Rental Returns

Investors are witnessing substantial returns from large townhouses and maisonettes, as highlighted in a recent report from the Kenya National Bureau of Statistics (KNBS) for 2023/2024. Among residential properties, tw…

Jan 16, 2025
Kenya's Construction Sector Gets Major Safety Overhaul with New Code
Real Estate

Kenya's Construction Sector Gets Major Safety Overhaul with New Code

The National Construction Authority (NCA) in Kenya has announced a series of stringent measures designed to combat rogue contractors and unlicensed buildings, a significant move intended to enhance safety and complian…

Jan 15, 2025
Nairobi Real Estate Faces 41% Drop in Building Plans
Real Estate

Nairobi Real Estate Faces 41% Drop in Building Plans

The recent wave of youth-led protests in Kenya, predominantly driven by Generation Z, has significantly impacted the nation’s economy, especially within the real estate sector. These demonstrations, fueled by disconte…

Jan 10, 2025
Kenyan Landlords Face New Challenges as Urban Rental Preferences Change
Real Estate

Kenyan Landlords Face New Challenges as Urban Rental Preferences Change

As of 2022, more than 15 million Kenyans, representing approximately 29 percent of the nation's population, lived in urban areas. Although this figure is relatively modest in comparison to other countries, it reflects…

Jan 9, 2025
How Kenyan Tenants Can Sue Landlords for Sh200,000 Over Illegal Utility Cuts
Real Estate

How Kenyan Tenants Can Sue Landlords for Sh200,000 Over Illegal Utility Cuts

As many Kenyans face the burden of rent payments in January, conflicts with landlords often arise, leading to adverse actions such as unlawful evictions, door lockouts, and utility disconnections. These measures not o…

Jan 7, 2025
Nairobi's Poor Risk Exclusion from Affordable Housing Program
Real Estate

Nairobi's Poor Risk Exclusion from Affordable Housing Program

Recent findings from the Nairobi County Assembly’s Land Committee indicate a grim reality for the urban poor in Nairobi who aspire to find affordable housing. The report reveals that private investors control the majo…

Jan 3, 2025
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Expert Architect Reveals Critical Checks for Kenyan Home Buyers
Real Estate

Expert Architect Reveals Critical Checks for Kenyan Home Buyers

As the Kenyan housing market continues to expand, potential homebuyers are faced with the daunting task of finding their ideal property amidst an array of options. According to Kelvin Kinoti Laichena, an experienced a…

Jan 2, 2025
Murang'a County Unveils Master Plan for 1,312-Acre Industrial and Commercial Hub
Real Estate

Murang'a County Unveils Master Plan for 1,312-Acre Industrial and Commercial Hub

Murang’a County is poised for a significant transformation following the ceding of 1,312 acres of land by Delmonte Kenya Ltd to the county government. This transfer is set to facilitate the establishment of key facili…

Jan 2, 2025
Tatu City Sets New Safety Standards with Tech-Driven Urban Planning
Real Estate

Tatu City Sets New Safety Standards with Tech-Driven Urban Planning

Tatu City, a 5,000-acre urban development located near Nairobi, has recently implemented a series of safety enhancements designed to raise the standard of urban living in Kenya. These initiatives, developed in collabo…

Dec 30, 2024
Revealed: Kenya's Construction Industry Relies Heavily on Unregulated Foremen
Real Estate

Revealed: Kenya's Construction Industry Relies Heavily on Unregulated Foremen

In small-scale construction in Kenya, foremen commonly assume a role akin to that of a project manager, leading many developers to rely heavily on their expertise. Florence Simiyu’s experience building her three-bedro…

Dec 29, 2024
Kenyan Architects Challenge Ruto's Affordable Housing Completion Figures
Real Estate

Kenyan Architects Challenge Ruto's Affordable Housing Completion Figures

The completion figures for Kenya's affordable housing program have sparked a significant debate, revealing stark discrepancies between President William Ruto's assertions and those of the Architectural Association of…

Dec 22, 2024
Poor Planning Transforms Kajiado into an Urban Mess
Real Estate

Poor Planning Transforms Kajiado into an Urban Mess

The rapid growth of Kajiado town has emerged as a considerable challenge for the county government, driven by a significant rise in population and the proliferation of informal settlements. The Kajiado Municipality In…

Dec 20, 2024
Tourist Boom Drives Kenya's Largest Hotel Building Spree
Real Estate

Tourist Boom Drives Kenya's Largest Hotel Building Spree

Kenya's tourism industry is experiencing a notable surge as evidenced by the Kenya National Bureau of Statistics (KNBS) reporting a remarkable increase in international tourist arrivals. The numbers escalated from 1.5…

Dec 20, 2024
Top 5 Kenyan Cities Attracting Highest Real Estate Investment in 2025
Real Estate

Top 5 Kenyan Cities Attracting Highest Real Estate Investment in 2025

Kenya's real estate market is characterized by rapid urbanization, significant infrastructure initiatives, and a growing middle class. These factors are drawing an influx of investors to various regions, each presenti…

Dec 18, 2024
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