Real estate in general is a tricky investment option. People have the wrong belief that since real estate is an asset-backed investment and it has liquidation value, it is risk free. That is completely wrong. Property does provide more security compared to some of the other types of investments but it is not risk free. Its […]
Almost a year after the end of political instability in the country, all market data clearly presents a challenging environment for the property market. Kenya’s real estate industry has been one of the strongest pillars of the economy for several years and therefore normally used to measure economic growth. The temporary strength of the property […]
BY KOSTA KIOLEOGLOU According to the Central Bank of Kenya (CBK) report released last month, real estate contributed the most to May’s increase in the stock of non-performing loans (NPLs).The ratio of the non-performing loans to gross loans increased to 12.4% in April from 11.4% in February 2018 largely due to increased NPLs in the […]
For those who hope that elections are the reason of whatever is happening and like magic everything will change afterwards, I suggest that you should be more cautious and skeptical. It is more complicated than that and goes all the way to the fundamentals of this country. By Kosta Kioleoglou House prices increased by 2.08% […]
Just a few days ago, the Kenya Bankers Association released the House Price Index for the first quarter of 2016. The 1.4 % increase of the index presented reflected an uptick in house prices during the first quarter of 2016, with the movement representing a not very promising future for the country’s most popular sector […]
Innovation in housing finance –in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery. As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the risks of […]
Knight Frank has joined property players reporting stagnation of rents in top market segments.The Knight Frank Prime Global Rental Index shows rent for Nairobi’s high-end property market did not increase between March and September of 2015 as a result of increased supply. “The high-end rental market was relatively slow in the period due to a […]
Insecurity slowed down prices in Kenya’s high-end real-estate market last year according to a report by property consultancy Knight Frank. The Africa Report 2015 says a spate of terrorist attacks in cities was one of the factors the 2014 prime property market was sluggish. An increase in the number of high-end properties that went up […]
**A view of the Nairobi CBD Chinese businesses have been moving into Kenya’s property market, where failed investments are rarely reported, the 21st Century Business Herald reported. There is no exact figure about the number of Chinese property developers operating in Kenya, and even the Chinese embassy in the African country cannot give such information. […]
