Residential property prices in Kenya slowed in real terms in the second quarter of 2011 when rising inflation hit buyers' hard, according to the latest HassConsult real estate index.
A Russian developer has launched a multi billion dollar property development on the northern outskirts of Kenya’s capital Nairobi to cash in on a booming real estate market in east Africa’s biggest economy.
Read full article: [Kenya gets its first multi billion dollar real estate development as property prices soar]A government investigation has been launched into soaring property prices in Kenya amid claims that Somali pirates are behind the unusual real estate boom which has seen prices increase three fold in the last few years.
Read full article: [Somali pirates behind real estate boom in Kenya, it is claimed]The first major equity finance real estate development project for middle income property investors has been launched in Kenya.
Read full article: [Equity finance project hailed as solution to chronic property shortage in KenyaThe Great Rift Valley in Kenya could be the key to attracting foreign investors to the African country where lack of power generation is holding back its growth.
Read full article: [Kenya seeks to sort out power problems to help investment growth]An eco-friendly residential development in Kenya is donating a percentage of its income to the international wildlife charity Born Free Foundation to help preserve marine life.
Read full article: [Eco development in Kenya setting standards for future developments]Both India and Kenya has considered allowing real estate investment trusts in its markets and a positive decision on that might be forthcoming soon.
Read full article: [REITs to advance and reclaim ground]The Kenyan government has apparently decided firmly that reviving its tourism sector is the best way to indirectly benefit the rest of the economy, and to that end, the President has authorised the creation of a state-owned corporation with KSH 300 million to promote tourism and investment in the country.
Read full article: [Kenyan tourism to target Russians]Strong tourism is one way to indirectly help the real estate sector, and in Kenya, this appears to be the chosen route of the government. Kenya is focusing on tourism revival in an effort to stimulate their entire economy indirectly through stimulation of the tourism and hospitality sectors. In this regard, at least they seem to be getting some success as countries like France have decided to downgrade their tourism advisories regarding the political instability and lack of safety in the country.
Read full article: [Kenyan tourism could incease real estate investment]Ever since the outbreak of political violence in Kenya, investor confidence has been at an all time low. However, the successful sale of a 3.3 acre plot for KSH 1.4 billion by the Nairobi City Council to Mr. Mukesh Ambani might signal a turnaround for the country’s property market.
Read full article: [Big property deals come back to Kenya]Kenya faces many hurdles including property rights on its quest for peace and security for its citizens
Read full article: [Property rights and other issues continue to mar Kenyan outlook]While the Kenyan political situation is slowly heading towards reconciliation, there is still a long road ahead and many are looking outside the country for assistance. At the same time, however, Kenyan property values are expected to plunge sometime in the near future.
Read full article: [Kenya still struggling to revive the market]The Kenyan situation appears to be settling down and the government has stepped in to give some property owners relief.
Read full article: [Property owners receive bailouts at Kenya settles down]Class struggle starting to become apparent in Kenya as property continues to be destroyed.
Read full article: [Property destruction continues in Kenya]As the violence continues in Kenya, an independent judiciary remains good news for property investors.
Read full article: [Violence continues in Kenya while property market remains independent]The Kenyan economy will be shaken, if viewers listen to the advice of their media and financial outlets.
Read full article: [Confidence lost in the Kenyan property market]As it turns out, relief may or may not be on the way for people that have been hit hard by post-election violence in Kenya.
Read full article: [Kenyan insurers consider options as owners continue to be hit]Approaching Kenya from an investor’s perspective does actually give someone things to be optimistic about.
Read full article: [Kenyan capitol still looking good for investment]The Kenyan property market is certainly chaotic, and things will only improve at a snail's pace in the coming year.
Read full article: [Big losses in Kenya, but a turnaround possible]With the global property market still being brought down by the United States, investors are increasingly desperate to find ways to escape financially.
Read full article: [Africa offers tremendous investment opportunities]