How NPLs, over supply, rate caps are affecting Kenya’s property market

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 […]

manager No Comments July 5, 2018 9:57 am

Kenya Real Estate Market : Numbers do not lie !!!

It seems that the Real Estate Market’s dominance of the Kenyan economy is coming to an end. Unless big changes happen very soon, the property sector cannot sustain its status and definitely cannot continue growing. Kenya’s real estate market has gained fame within the last few years. Most Kenyans believe that “You cannot go wrong […]

manager No Comments March 4, 2016 9:31 am