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[VIDEO] Drama as Tuskys CEO ejected from office by siblings

Tuskys chief executive officer Dan Githua was Tuesday forcibly removed from office in a dramatic scene that saw siblings of the directors storm the office to escort him out. A… Read more »

Key real estate issues in 2016

Maintaining investor interest and current prices is the key Last year is one that economists around the world will remember for a long time. It was the year that saw… Read more »

Firm eyes expatriates with Sh400,000 a month villas in Kiambu

New high-end rental villas targeting the upper middle class and expatriates are now open for occupation on Kiambu Road for as much as Sh400,000 per month. Funded by the Kenya… Read more »

Impact of Satellite Cities in Real Estate in Kenya

Developers and the government are partnering to come up with satellite cities that will help decongest the capital city, Nairobi. The recent trend of satellite cities in real estate improves… Read more »

Kenya Real estate boom not about to end

The current boom in the real estate sector is caused by Kenyans rushing to own property. For how long party last? Everything has a ceiling and given high levels of… Read more »

KCB in deal to boost mortgages, sends 30 developers to Brazil

The Kenya Commercial Bank (KCB) Kenya has partnered with three companies to offer added value to the lender’s mortgage customers, as it seeks to push up uptake of housing products…. Read more »

Gakuyo Real Estate Company acquires 1,000 acres in Kilimambogo

Gakuyo Real Estate Company has acquired a prime land of over 1,000 acres between Mount Kilimambogo in Machakos County and Thika East sub-county in Kiambu County. Gakuyo CEO, Musa Kariuki,… Read more »

Meru County looking for Sh1.6 billion to build an 18-storey tower

Meru County Investment and Development Corporation (MCIDC) is seeking to raise Sh1.6 billion to build an 18 storey multi-use commercial building in the town. The building, dubbed Meru Rising Tower,… Read more »

Another posh hotel coming to Nairobi Westlands

A SH1.3 billion business hotel is set to be built in Westlands, offering more competition to the current establishments like Kempinski and Sankara. The development by Westland Skye Development Limited… Read more »

Kings Pride starts work on Sh500m Westlands hotel, apartment units

Real estate developer Kings Pride has kicked off the construction of a mixed development project in Westlands, Nairobi that will consist of a high-end hotel and apartments. The firm is… Read more »

Investors avoid Karen, look east

Irrespective of the direction from which you approach Karen, you are sure to appreciate the fresh air and quietness this secluded suburb. It is one place where you can still… Read more »

Slum residents to get better homes by a Canadian company

A  plans to build 20,000 low-cost apartment blocks for the slum residents of Mathare and Kibera. Mascon Construction Systems Ltd has announced it will construct 10,000 housing units each in… Read more »

Nairobi developers push land prices out of reach for many

It is now cheaper to buy a house than to buy an acre of land in Nairobi and its environs. Last year, demand for land pushed prices up by nine… Read more »

Apartments everywhere in Nairobi, but where are the buyers

While Hass Consult Ltd was releasing the findings of their property index for the fourth quarter of 2015 on Monday last week, Timo Mutua, a caretaker on Kiambu Road, was… Read more »

Kenyatta family gets the greenlight to build Sh500 billion smart city

A new mega project by the Kenyatta family is set to dwarf well-known gated communities in the country. Set to sit on an 11,576-acre farm, Northlands will see construction of… Read more »