When you know what you’re doing and follow a proven strategy, investing in real estate offers an incredible opportunity to grow your wealth and set yourself up for a comfortable financial future. The problem is that most forms of real estate investing require a substantial amount of money. And this often makes it very difficult […]
According to a report by investment firm last year titled Urban Land Rises as Kenya’s Gold Standard, land prices had increased by 535 per cent in Nairobi since 2007. In April this year, the firm released another report saying that land prices were most expensive in Upper Hill, where an acre was going for an average […]
The Kenya Revenue Authority posted mixed fortunes in tax collections from the real estate sector in the first four months of this financial year from July. It surpassed the Sh150 million target in land rent by 34.67 per cent or Sh52 million for the period through October, the latest statistics shows, raking in Sh202 million. […]
Mr Dennis Wanjala’s job as an investment manager typically requires him to sit down with his clients and discuss possible avenues through which they can invest their money. He says that in the recent past, most of his clients have been keen on putting their money in real estate rather than in other enterprises such […]
Despite repeated appeals to developers encouraging them to put up green buildings, experts are worried that only a handful seem to be heeding this call. During the 2016 Annual Green Building Conference held at the Strathmore Business School in August this year, many developers lamented about several issues that make construction tougher for those who […]
House prices rose by 2.2 per cent in the three months to September with apartment sales the key driver, a survey by Kenya Bankers Association shows. Apartments accounted for nearly three-fifth of the sales during the quarter, at 58.5 per cent, which was attributed to demand by the rising middle class in the country. Maisonettes […]