The Standard | Peter Theuri
Land transfer transactions hit a four-year peak in August 2020, defying the negative impact of the coronavirus pandemic on most sectors of the economy.
Data from the Ministry of Lands and Physical Planning shows August recorded 654 transfers of the total 3,988 transfers recorded in the year.
The transfers were 5.6 times those in March of 2020, which was a paltry 116, as the sector showed marked recovery from the pandemic. Leases also remained high for most of the year, well above 500 transactions per month on average…
