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Land and property sector updates

Shelter Afrique plans to issue Sh55bn Kenya currency bond

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Business Daily | by Elizabeth Kivuva Pan African housing development financier Shelter Afrique is set to issue Sh54.8 billion ($500 million) local currency bond in...
jomo kenyatta international airport, foreign travel, domestic travel

Court halts demolitions near JKIA for six months

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Business Daily | by Joseph Wangui A court has suspended plans by the Kenya Airports Authourity (KAA) to demolish buildings constructed near the Jomo Kenyatta...

NCA loses power to bring down unfit buildings in Bill

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Business Daily | by Edwin Mutai The State has withdrawn a Bill that would have given the National Construction Authority (NCA) power to demolish unfit...
nairobi city county

Nairobi office rents cheapest in Africa

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Business Daily | by Brian Ngugi Office space rent in Nairobi declined 13 percent last year, making Kenya’s capital the cheapest among top African cities,...

Nairobi eyeing 67-acre forest as cemetery in swap deal

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The Standard | by Josphat Thiong'o Nairobi now wants to swap the filled-up 100-acre Langata Cemetery land with a 67- acre Kenya forest land nearby...

KRA starts home seizures in Nairobi over land rate defaults

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Business Daily | by Edwin Mutai Thousands of homes and office blocks in Nairobi risk seizure as the Kenya Revenue Authority (KRA) and City Hall...

KMRC credit to mortgage lenders hits Sh2.8 billion

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Business Daily | by Brian Ngugi The Kenya Mortgage Refinance Company (KMRC) has so far advanced Sh2.76 billion in credit to mortgage lenders, accounting for...

Kisumu kicks off plan to develop 10,000 housing units

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The Standard | by Kevine Omollo Kisumu County Government has signed a Sh3 billion housing project deal which will see a state agency put up...