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HOW GRAFT MIGHT BE AFFECTING REAL ESTATE

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 […]

REAL ESTATE SECTOR TAXES POST MIXED PERFOMANCE

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. […]

REAL ESTATE’S A JOB, NOT A HOBBY

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 […]

TO GO GREEN WE NEED TO UNDERSTAND THE MERITS

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 PRICE UP AS APARTMENT SALES ACCOUNT FOR 60pc

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 […]

REASONS WHY YOU SHOULD NEVER MISS THE AGM

Many people don’t know the importance of attending, Annual General Meetings, below are reasons why you should never miss the AGMAn annual general meeting (AGM) is a meeting of the general membership of an organization. An organization may conduct its business at the annual general meeting. The business may include electing a board of directors, […]

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