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Land and property sector updates

Land row derails building of key Kenya-Uganda road

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Business Daily | by Gerald Bwisa A land dispute between the county government of Trans Nzoia and the Kenya Agriculture and Livestock Research Organisation (Kalro)...

Real estate scheme fails to stir market nine years later

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People Daily | by Steve Umidha Attempts to make the Real Estate Investment Trusts (Reits) debt market of choice for Kenyans has been dealt a...

Office, mall rents plunge on jump in space supply

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Business Daily | by Charles Mwaniki The cost of renting space in malls and offices has dropped, defying the ongoing economic recovery from Covid--19 hardships...
nairobi city county

Renters pay double for city centre apartments

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Business Daily | by Edna Mwenda Renting apartments in Nairobi’s central business district (CBD) can be up to 126 percent more expensive than leasing properties...

UAE developer to build free houses for refugees in Kenya during Ramadhan

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Business Daily | by Adonijah Ndege United Arab Emirates-based property development company Arada has launched an initiative dubbed ‘Home for a Home’ that will see...

Equity gets nod to auction Fourways homes in loan row

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Business Daily | by Sam Kiplagat Equity Bank can now sell mansions belonging to real estate firm Suraya Property Group to recover its loan after...

NMS plans to evict hundreds of families from public land

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Business Daily | by Edwin Mutai Hundreds of households that have encroached on public land in 12 Nairobi sub-counties could be rendered homeless as the...

Russia-Ukraine conflict causing a surge in building costs

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People Daily | by Wahinya Henry The construction industry should brace for a further surge in the cost of construction after the Architectural Association of...