UN asks State to suspend Nairobi evictions

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Share      [Source: The Standard, by Cyrus Ombati] UN officials have asked the government to halt all evictions during the Covid-19 crisis and protect human rights activists who are under threat for defending evictees. The new UN special rapporteurs on the right to housing, Balakrishnan Rajagopal, and on the situation of human rights defenders, Mary Lawlor, made…


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Landlords snub rent relief as third of workers default

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Share      [Source: Business Daily, by John Mutua] Majority of landlords have snubbed State calls to reduce rent for workers hit by the effects of Coronavirus, which saw a third of households fail to pay their April rent, the Treasury revealed yesterday. A national survey conducted by the Kenya National Bureau of Statistics (KNBS) on the impact…


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Article: What awaits real estate landscape in post-Covid era – Ibrahim Mwathane

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Share      [Source: Business Daily, by Ibrahim Mwathane] It’s evident that the real estate sector will change during and post-Covid19. In many ways! Comparing notes lately, a colleague for instance mentioned how he has been trying to move his stock of property. He even offered generous price concessions. But no one jumped at it, he mentioned. I…


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Report: Rents fall as low demand slows down city land prices – HassConsult

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Share      [Source: Business Daily, by James Kariuki] Rents dropped and land prices eased in Nairobi and the surrounding counties of Kiambu, Kajiado and Machakos in the first three months of the year with effects of the coronavirus pandemic expected to further hurt the property market on reduced demand. HassConsult, which conducts a quarterly property pricing index…


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Report: Landlords in high-end estates count losses as rents now decline – HassConsult

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Share      [Source: The Standard, by Frankline Sunday] Landlords in high-end estates are counting losses as effects of the spread of the Covid-19 pandemic continues to erode rental earnings. According to the latest Hass Consult Property Index, rent income from high-end estates such as Runda, Spring Valley, Loresho, Kitisuru and Lavington fell marginally in the first quarter…


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Ministry of Lands Notice: Extension of Closure of Land Offices and Registries

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Share      [Source: @Lands_Kenya on Twitter] The Ministry of Lands and Physical Planning has issued a notice on the extension of the closure of all land registries. Government continues to implement measures to mitigate COVID-19 and these measures have affect the operations of the Ministry of Lands and Physical Planning. Consequently, all lands offices and registries throughout…


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Article: Real estate sector should prepare for a new normal – Ken Gichinga

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Share      [Source: The Standard, by Ken Gichinga] As the government continues to lower taxes in a bid to cushion the economy from the devastating effects of Covid-19, economists have been debating whether the new tax relief measures will drastically reduce revenue going to the State, leading to a slowdown in government operations. The evidence on the…


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ISK: Rent waiver up to tenant and landlord agreements

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Share      [Source: The Standard, by Chebet Birir] The Institution of Surveyors of Kenya (ISK) has said that Kenyans who want their rent to be waived must negotiate with their landlords according to their contractual agreements. “It is our position that rent payment is a contractual obligation between a landlord and their tenant and should thus be…


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