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Land and property sector updates

Kiambu project stalls after Shelter Afrique freezes Sh550m loan

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Business Daily | by Brian Ngugi Pan-African housing financier Shelter Afrique has halted a Sh550 million loan to a Nairobi-based developer for a 240-apartment residential...

City developers to present their plans on online platform

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Business Daily | by Collins Omulo Developers in Nairobi will from next month be saved from having to physically present their development application plans for...

Regent to manage Pangani low-cost housing project

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The Standard | by Peter Theuri The 1,562 units making up the 17-storey Pangani housing block are set to be ready by the end of...

Draft bill to allow Sasra to regulate housing, land cooperatives

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Nation | by Peter Mburu Housing and land cooperatives are facing strict government regulations as they grapple with investment fraud reaching into billions of shillings. A...

Kenya pumps additional cash into Shelter Afrique

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People Daily | by Lewis Njoka Kenya has become the largest shareholder in the pan-African housing development financier, Shelter Afrique, after increasing its shareholding to...

Cabinet committee makes about-turn on building fees ban

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Business Daily | by Edwin Mutai A Cabinet sub-committee has approved the reinstatement of construction levies, setting the stage for the return of the environmental...

Centum Real Estate net profit drops 72pc to Sh650m

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Business Daily | by Elizabeth Kivuva Centum Real Estate has posted 71.7 percent drop in net profit for the year ended March 31, 2021 owing to...
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Real estate projects push land prices up 50pc in Kilifi

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Business Daily | by Kevin Rotich Land prices in Kilifi have increased by 50 percent driven by the construction of residential and commercial projects by...