News by Country
Published stories attached to Kenya.
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Lands Cabinet Secretary Alice Wahome has urged Kenyan architects and quantity surveyors to reach quick consensus on the proposed Architectural and Quantity Surveying Practitioners Bill, warning that delay could hurt its legislative timeline.
With only a tiny share of Kenya's salaried workers able to access mortgages, industry players are pushing employer-backed home loans repaid through payroll check-off as a way to lift homeownership and help developers scale up.
President William Ruto toured affordable housing and market projects in Kajiado County, including the KSh2.18 billion Boma Yangu Loitoktok development that will deliver 751 homes, as the national programme grows to 282,000 units.
Tatu City has proposed two high-rise residential towers in Ruiru, Kiambu County, the taller rising to 30 floors, in a Sh7.09 billion project that would be the tallest building outside Nairobi.
Bildad Nzuki Wambua, a director of Gladdens Homes Limited, has been charged over an alleged housing fraud scheme in which 22 victims are reported to have lost Ksh28 million.
More young Kenyan women are buying land to build financial security and control their own assets, reshaping the profile of the country's property buyers and opening a new market for developers and lenders.
Old Mutual Holdings is in discussions with potential buyers for its office tower and is reviewing offers on other properties as it pushes ahead with plans to dispose of its real estate holdings, its group CEO has said.
A new book on land and family in central Kenya shows how Nairobi's expansion is driving skyrocketing land prices in Kiambu while smallholders, facing subdivision and inheritance pressures, sell ancestral plots out of a sense of abandon.
The Presbyterian Church of East Africa has launched a Sh703 million fundraising drive to rescue its Milele Beach Hotel in Mombasa from debt, after paying Sh50 million to KCB to cut its outstanding loan to Sh753 million.