News Search

Located to the northwest of the Nairobi CBD, office developments in Westlands recorded average rental prices of $13.60/m2, with a 74% average occupancy rate in 2016 due to increased completed office developments under the letting process in 2015/2016.

Wednesday, 05 April 2017 13:56

Growing demand for industrial properties

Demand for industrial property in Nairobi is expected to continue rising in 2017 with rental growth rate set to increase by between 8-10%, according to Broll Kenya Market Report H1 2017.

Mara Delta, the only listed Africa focused distribution fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today reported strong interim financial results for the six months ended 31 December 2016.

Nairobi has ranked 10th in JLL’s fourth annual City Momentum Index (CMI) of the world’s most dynamic cities. It is the only metropolitan in Africa to be listed in the Global Top 30 of the world’s fastest-changing cities. 

Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, continues to trailblaze across the continent.

Positive growth forecast for East African hospitality sector.

Knight Frank’s Prime Global Rental Index, which tracks the change in luxury residential rents across 17 cities globally, fell for a third consecutive quarter with rents falling on average by 0.5% in the year to March 2016.

City Lodge Hotels expects demand for its rooms to continue exceeding expectations in the year ahead after it increased occupancies in 2015.

The Royal Institution of Chartered Surveyors (RICS) is pleased to announce the appointment of Wafula Nabutola as its new director for Sub-Saharan Africa. 

Nairobi is the 5th JLL-owned and operated Hub on the continent from which real estate markets and clients in 22 countries are serviced.

Page 1 of 2

Most Popular

Hyprop Investments subsidiary acquires flagship shopping centre in Sofia, Bulgaria

Jul 20, 2017
Pieter Prinsloo Hyprop CEO
UK-based Hystead Limited (Hystead), co-owned by Hyprop Investments Limited (Hyprop) and…

Trematon Capital Investments diversifies portfolio with investment in UK Real Estate Private Equity Market

Jul 20, 2017
Arnold Shapiro Trematon
JSE listed Trematon Capital Investments Limited, the Western Cape focused actively…

The evolution of Cape Town’s skyscrapers

Jul 19, 2017
Stuart Chait Chairman of Land Equity Group Med
Lofty, proud and soaring, the first skyscraper buildings in Cape Town were built more…

Encouraging news for home buyers - repo rate now 6.75%

Jul 20, 2017
Andrew Golding Pam Golding
Home buyers and those with mortgages will be encouraged by today’s announcement by the…

Building wealth through multiple properties

Aug 01, 2017
Praven Subbramoney
Many individuals who already own more than one property mistakenly overlook key…