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Huge investment opportunities for prime warehouses in Nairobi

Property developers in Kenya are currently experiencing a warehouse construction boom. This is due to the increase of demand for prime logistics and storage space. The demand for industrial space in East Africa has rapidly increased faster as compared to other countries in Africa; this is according to a study by JLL– a global commercial real estate firm. The reason behind this is the high growth rate experienced in Kenya.

Kenya’s real estate to recover after 2017 difficulty

The government's five-year plan to construct 500,000 houses, access to finance and a conducive political climate are some of the key factors that will shape real estate sector in 2018. Other contributing factors includes the government incentives to spur affordable housing development and growing businesses and SMEs increasing the demand for office and retail space. Last year, politics and financial crunch led to dismal performance in the sector that led to market stagnation. However, real estate analysts and experts are upbeat that the sector will regain lost ground since the fundamentals that make real estate a preferred investment ...

Six things to look out for in property after 2017 general elections

The real estate sector is poised for a comeback after the conclusion of the General Election. Industry figures for the first five months of the year indicate there was a marginal slowdown in the industry as a result of election uncertainties. According to the Kenya National Bureau of Statistics, the value of building plans approved by Nairobi City County between January and May this year went down to Sh105.6 billion from Sh126.3 billion in a similar period last year. it is, however expected that the pace will pick up once election related activities are over. The expected rebound ...

All in One: Living & Working in a Studio Apartment

Some lucky people need little more than a lap and laptop to accomplish their work. Most of us require a bit more, so it can be a challenge to carve out efficient work space in a one-room studio. The first step is to pick one area and designate it for work. Why? Studies indicate having a specified work area increases focus, concentration and efficiency. To leverage every inch, consider different approaches:

Election jitters to cut earnings from property

Returns on investment for residential property is projected to slow down 3.2 percentage points this year on reduced demand following uncertainty around the August 8 polls. Total returns are projected to average 9.4 per cent compared to 12.6 per cent in 2016, a report by Cytonn Real Estate said, attributed to lower price appreciation.
The Nairobi Metropolitan Residential Report 2017 said the rise in property prices has nearly halved this year to 3.8 per cent from 7.4 per cent last year. “This can be attributed to investors shying away from long-term investments as they awaited ...