The United Nations (UN) is shifting its Africa projects management unit to Nairobi, signaling its commitment to focus on achieving sustainable development goals (SDGs) in African nations. The United Nations Office for Project Services (UNOPS) will b ...

In a groundbreaking move, Microsoft Corporation, in collaboration with G42, an Emirati artificial intelligence (AI) development company, has unveiled plans for a $1 billion investment in Kenya’s digital ecosystem. This initiative, the largest p ...

Investing in real estate can be an exciting venture, especially in a diverse and vibrant market like Kenya. With its growing economy, beautiful landscapes, and burgeoning urban centers, Kenya offers a myriad of opportunities for foreign investor ...

In a recent announcement that has sent ripples of excitement throughout the travel community, Nairobi has been crowned the best city to travel to in 2024 by the esteemed travel authority, Lonely Planet. Nairobi, the only African city on the list, cla ...

In the realm of real estate in Kenya, the enduring debate between buying and renting continues to captivate the attention of prospective homeowners and tenants alike. With rapid urbanization, evolving economic dynamics, and shifting societal trends i ...

As geopolitical tensions escalate in the Middle East, international real estate investors are increasingly turning their attention to Africa. Rising costs and instability in former hotspots like Dubai, Israel, Iran, and Syria have made Africa a more ...

Demystifying the Legal Jargon Investing in Real Estate in Kenya can be a lucrative venture, but the legal complexities often deter potential buyers or sellers from diving into the market. Understanding the legal jargon and processes involved in real ...

Kenya is taking a bold leap towards sustainability by eliminating taxes for 100,000 electric vehicles (EVs). This significant policy change promises to revolutionize not only the automotive sector but also the real estate market. Technology is at the ...

Kenya’s real estate market has shown remarkable resilience, particularly in Nairobi’s upscale neighborhoods—Kilimani, Kileleshwa, Westlands, Lavington, and Riverside. Each area presents unique opportunities for investors, ranging fr ...

The introduction of the National Building Code 2024 in Kenya presents a wealth of opportunities for real estate investors looking to maximize returns while ensuring compliance with modern construction standards. This updated code brings vital changes ...

In 2024, the luxury real estate sector is experiencing a significant surge, driven by a mix of local and global factors. As economies stabilize post-inflation, wealthier individuals have more disposable income, making real estate an attractive invest ...

The recent report on Nairobi's real estate sector shows a significant 20% increase in building approvals in the first half of the year. This growth underscores a dynamic shift in the market, driven by heightened demand for both residential and commer ...

The global real estate market is on a trajectory of robust growth, fueled by rapid urbanization, economic development, and technological advancements. From residential to commercial sectors, this growth is creating substantial opportunities for inves ...

In Kenya, the landscape of real estate investment is evolving as dollar millionaires increasingly turn to their second homes for rental income. These high-net-worth individuals, who traditionally viewed second homes as leisure properties, are now str ...

In a significant move aimed at providing relief to mortgage holders, the government is proposing an increase in the annual limit for mortgage interest deductions. This initiative, backed by members of parliament, will see the cap raised from the curr ...

As the end of your rental lease approaches, you might be considering whether it's time to buy a home. The debate around buying and renting has enduted in the realm of real estate. Understanding your financial readiness is crucial before making t ...

Nairobi has secured Ksh.15.3 billion from the Korean government to construct the second Northern Collector Tunnel and the Maragua water project. This investment is poised to significantly impact the real estate market by addressing the city’s c ...

In the evolving landscape of luxury real estate, a noteworthy trend has emerged among affluent Kenyan homeowners: the inclusion of two master bedrooms in their homes. This architectural choice caters to various lifestyle needs and cultural nuances, m ...

Nairobi Governor Johnson Sakaja has officially lifted the suspension on the approval of architectural plans and excavations for new construction sites. This suspension had been in effect since April 29, 2024, following heavy rains and subsequent floo ...

Kenya’s real estate sector is experiencing a profound transformation, thanks to the integration of advanced technologies. Innovations in blockchain, digital platforms, and construction-phase monitoring are redefining the property investmen ...

As torrential rains lash Kenya, leaving a trail of destruction and despair in their wake, the nation faces one of its most challenging periods in recent memory. The devastating floods, which have submerged homes and infrastructure, highlight the crit ...

In Kenya, the allure of residential real estate as an investment avenue is steadily outstripping the traditional preference for commercial properties among the affluent population. According to the 2024 Wealth Report by Knight Frank, nearly a quarter ...

Kenya's remarkable transformation from the world's worst-performing stock market to the best-performing within a single year is not only a testament to its economic resilience but also an indicator of opportunity for the country's real estate sector. ...

In the realm of African real estate investment, Dr. Stephen Akintayo, the Chairman and founder of Gtext Holdings, emerges as a guiding light for savvy investors with a deep understanding of the continent's economic trends and growth opportunities. He ...

In recent years, Nairobi has undergone a remarkable transformation fuelled by a surge in population growth. According to the United Nations – World Population Prospects data, the metropolitan population of Nairobi saw a steady rise over the yea ...

The Central Bank of Kenya (CBK) forecasts a 6 percent growth for Kenya's economy in 2024, propelled by increased agricultural output and expansion in the services sector. CBK Deputy Governor Dr. Susan Koech revealed that the bank anticipates a growth ...

According to the latest Africa Investment Report 2023 by UK-based research firm Briter Bridges, Kenya has emerged as the top investment destination on the continent. The report reveals that investors injected over Ksh131 billion (806 million USD) int ...

Chinese investors have officially inaugurated the Chinese Property Developers Association(Kenya) in Nairobi, marking a significant development in the real estate sector. This newly formed association is poised to play a pivotal role in advancing prop ...

Kenya's real estate sector has undergone remarkable growth, outpacing industries like manufacturing, services, and agriculture. Real estate has emerged as the preferred choice for investors, surpassing once-favored investments like equities. Recent ...

In recent years, a significant trend has emerged among Kenyans living abroad who are opting to invest in the real estate market back home. This blog explores the various factors driving this trend, shedding light on the motivations, preferred investm ...

In the realm of real estate, the adage "Location is everything" holds immense truth. The significance of a property's location cannot be emphasized enough, as it fundamentally influences property value, investment potential, and overall satisfaction. ...

In recent years, Kenya has witnessed significant growth in the real estate sector, with a surge in residential properties available for rental purposes. Alongside this boom, the government has introduced measures to ensure that this income is ap ...

In the real estate market of Nairobi Metropolis, an intriguing trend emerges: smaller land parcels often fetch higher prices than their larger counterparts. Some Land Indexes reveal that specific areas in Nairobi witness greater investment in th ...

Airbnb has established itself as a transformative force in Kenya's short-term rental market, reshaping the real estate landscape from urban hubs like Nairobi to serene getaways like Watamu, and even remote destinations like Maasai Mara. Born out of a ...

Tagline: Research shows that 50% of home buyers in 2023 are first-time home buyers In the ever-evolving landscape of real estate, 2023 has emerged as a pivotal year. According to recent research, a remarkable shift is underway, with first-time home ...

In the ever-evolving landscape of global cities, the concept of an ideal place to live is continually redefined by a multitude of factors. From economic opportunities and infrastructure development to cultural vibrancy and environmental sustainabilit ...

In a private transaction of substantial value, the descendants of the late Kenyan business tycoon and philanthropist Nicholas Biwott have finalized the sale of Nairobi's iconic Yaya Center shopping complex. The transaction involved a consortium of pr ...

Among the nations within sub-Saharan Africa, one stands out as a beacon of promise: Kenya. A convergence of economic and political dynamics is positioning the seventh-largest country on the continent in a notably advantageous posi ...

Kenya has emerged as the leading African nation of choice for expatriates to initiate their settlement journey, attributed to factors such as language accessibility, housing availability, and affordability. This distinct advantage positions the East ...

KILIMANI has seen significant growth in the average residential unit price over the last 5 years. This is due to multiple factors including the expansion and creation of new roads making it one of the most easily accessible areas in Nairobi. This has ...