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Land and property sector updates

KPA loses 17-year land duel to Coast tycoon

Business Daily | by Brian Ocharo The Kenya Ports Authority (KPA) has lost prime property worth millions of shillings to tycoon Ashok Doshi for failing...
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EACC starts recovery of Sh380m KPA land

Business Daily | by Sam Kiplagat Ethics and Anti-Corruption Commission (EACC) has begun the process of recovering a parcel of land in Mombasa worth Sh380...

Stanbic in mortgage deal for Sh400m housing complex

The Standard | by James Wanzala Property developer Purshottam Developers and Stanbic Bank Kenya have entered a structured mortgage finance partnership deal. The deal will enable customers affordably...

StanChart targets Sh222m from sale of iconic property

Business Daily | by Edna Mwenda Standard Chartered Bank Kenya is seeking to sell its iconic Treasury Square building in Mombasa valued at Sh222 million and...

Sanlam eyes more property sales in diversification plan

Business Daily | by Elizabeth Kivuva Sanlam Kenya intends to sell more properties, further reducing its exposure to the real estate market. The insurer and a...
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Nairobi MCAs claim graft in free title deeds project

Business Daily | by Collins Omulo Pressure is mounting on Nairobi Metropolitan Services (NMS) team to complete the issuance of title deeds to Nairobi landowners...

Nairobi plans fresh audit on buildings after collapses

Business Daily | by Collins Omulo The Nairobi Metropolitan Services (NMS) and the National Building Inspectorate will launch an audit of buildings to ensure safety...

257 retail investors buy into Acorn’s property fund

Business Daily | by Victor Juma Small investors bought units/shares in Acorn Student Accommodation Income REIT (ASA I-REIT) worth Sh6.4 million in the five months...