Kenya Property Market

SA fails to shine in Top 20 Most Dynamic Cities, but Kenya made it

JLL's sixth annual City Momentum Index last week announced the list of 20 world's most dynamic cities with South African cities nowhere to be found — but Kenya's Nairobi made it in the chart list.

Kenya gets R1.5bn Hotel in Africa’s tallest development

The dynamic landscape of Kenya's capital, Nairobi is in for a commercial transformation, with the investment by Hilton Worldwide (NYSE:HLT) in a new R1.5 billion hotel at Africa’s tallest development.

Stanlib gets thumbs up to launch Kenya’s first Real Estate Investment Trust

The adoption of the Real Estate Investment Trust (REITs) structure in Kenya, which is recognized in most of the key property markets internationally, has received regulatory approval from Kenyan Authorities.

Nairobi’s $540m Garden City opens its doors

Pan-emerging markets investor, Actis on Wednesday inaugurated the new $540 million Garden City in Nairobi with the announcement of a new Business Park.

No rush for African REITs

It could take years before there are Real Estate Investment Trusts (REITs) in African countries other than South Africa.

Kenya’s Two Rivers Mall nears completion

Construction of Two Rivers Mall in Nairobi will be completed by October this year with the development reportedly set to be the largest shopping mall in East Africa.

Urbanisation drives hunger for property and development in Africa

Sub-Saharan Africa is a promising market for property as urbanisation, economic development and increased affluence among the rising middle class drive growth across the sector.

Sub-Saharan Africa tops global index in CRE transparency improvement

Where transparency broadens, real estate capital flows and market change follows. This trend has finally made its way to one of the “final frontiers” of commercial real estate: Sub-Saharan Africa (SSA), which has claimed five of the global top 10 spot for greatest improvements in real estate market transparency: Kenya, Ghana, Nigeria, Zambia and Mauritius.

Sub-Saharan Africa has 'Real Potential'

Sub-Saharan African economies are tipped as locations where property investors should look to for real growth in the next decade.

Actis breaks ground on R2.4bn Garden City development in Nairobi

Garden City, Nairobi’s flagship retail, residential and commercial property development, broke ground today at a celebration ceremony in the presence of over 100 distinguished guests, including the Governor of Nairobi, Dr. Evans Kidero.

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