[Vari, 28/11/2024] – AVAKON Real Estate Development is delighted to announce its official sponsorship of Panionios Basketball Club (Panionios BC), reaffirming the company’s commitment to supporting the local community and promoting excellence in sports. As a trusted name in real estate development, AVAKON has always valued the importance of teamwork, dedication, and passion—values that resonate […]
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 […]
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 […]
