Home Property Nairobi residential approvals at all-time low of Sh2.7bn

Nairobi residential approvals at all-time low of Sh2.7bn

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Business Daily | by Kevin Rotich


The value of residential building approvals in Nairobi fell to an all-time low of Sh2.7 billion in May 2021, highlighting a freeze on new projects by investors amid tough economic conditions caused by the Covid-19 pandemic.

Data from the Kenya National Bureau of Statistics (KNBS) shows that approvals of…

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