Qwetu, Qejani Operator Posts KSh1.52bn Profit Despite Rental Pressures
Kenya’s largest student housing operator grew profit even as rental income softened. Lower borrowing costs and expansion into new university towns helped offset market challenges
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Kenya’s largest student housing operator grew profit even as rental income softened. Lower borrowing costs and expansion into new university towns helped offset market challenges
Kenya is considering major REIT reforms to attract more investors and unlock billions for real estate and infrastructure. Industry leaders say outdated tax rules and regulatory uncertainty are holding the sector back
A routine land sale has exposed a massive hidden valuation gap inside Sameer Africa’s real estate portfolio. The company’s assets are worth nearly 10 times more than what sits on its books.
Laptrust Imara I-REIT is feeling the squeeze as rental income drops sharply across its portfolio. The decline, paired with property valuation losses, has pushed the fund deeper into the red and pressured investor returns.
East Africa’s property market is moving into a more institutional phase as global investors tighten their focus on scale and resilience. The EAPI Summit in Nairobi is positioning itself as the meeting point for capital and developers shaping this new era.
A high-profile asset recovery case ended in a split decision that stunned legal observers. While authorities secured a luxury Mercedes tied to poaching, they lost a bid to seize valuable Nairobi real estate.
Kenya’s mortgage market is tapping fresh capital again. KMRC has launched a KSh 3 billion bond aimed at boosting affordable home lending across the country.
Home Afrika has swung into profit again, but its financial foundation remains fragile. Despite cost cuts and margin gains, negative equity still weighs heavily on the developer.
Kenya’s tax authority is preparing to force all landlords onto a digital register in a sweeping compliance push. The move targets billions in uncollected rental income and could reshape how property owners report earnings