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Land and property sector updates

Developers shift focus as warehouse demand soars

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People Daily | by John Otini Property developers are shifting to warehouse development due to a shortage of grade A warehouses and low yields in...

Land prices in city satellite towns drop as boom ends

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Business Daily | by Brian Ngugi Land prices in most satellite towns surrounding Nairobi dropped in the six months to September at the peak of...

Kwale, Kilifi told to allocate 100 acres for cashew nut

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Business Daily | The Ministry of Agriculture has directed Kwale and Kilifi counties to set aside 100 acres each for development of the cashew nut...
city hall nairobi county

Residents petition Nairobi assembly over rent waiver dispute

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The Standard | by Josephat Thiong'o Residents of Ngara Ward have petitioned the Nairobi County Assembly to intervene in a matter where two offices have...

Land prices fall, rents up after easing of lockdown

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Business Daily | by James Kariuki Land prices have dropped further in Nairobi and the surrounding counties of Kiambu, Kajiado and Machakos in the three...

Acorn set to build two new hostels

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Business Daily | by James Kariuki Student hostels developer Acorn Holdings has lined up two new projects next to the University of Nairobi’s Chiromo campus...

Real estate takes up half of bank loans to private sector

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Business Daily | by Constant Munda Lending to real estate, including mortgages, accounted for half of new loans to the private sector in three months...
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State acquires Railways Club for Sh5 billion

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Business Daily | by Edwin Mutai The Treasury will spend Sh5 billion to compulsorily acquire Nairobi’s Railways Club and free up land for the expansion...