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.
City Lodge Hotels sets aside R475m to build two new hotels in East Africa, and is looking for other opportunities to add hotels in capital cities across East and Southern Africa.
Garden City, Nairobi’s flagship retail, residential and commercial property development, broke ground today at a celebration ceremony in the presence of over 100 distinguished guests, including the Governor of Nairobi, Dr. Evans Kidero.
Kenya’s property industry is seeing unprecedented growth. Retail and office space is in very high demand. Foreign investors and local business are seeking out and snapping up opportunities across the country especially in Nairobi. But there are challenges as well as rewards.
When Nakumatt Holdings opened a store at the Junction Mall on Ngong Road, few would have expected it to be an instant hit.
Nairobi - An international conference aimed at attracting foreign capital to Kenya has wrapped up with investors pledging to set up projects in the country, government ministers said.
Nairobi - Kenya is to host a conference of foreign investors later this month in a bid to attract foreign capital to the east African country, Planning Minister Peter Anyang Nyong'o said.

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