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High building costs holding back Kenyan Real Estate

East African listed property is dominated by Kenya but the market in this country is under pressure. Development costs are extremely high in Kenya. ... Full story

Green Building Society announced for Kenya

The Green Building Council South Africa (Gbcsa) on Wednesday announced the establishment of Kenyan Green Building Society (Kgbs), a move that will bring the commercial and industrial property industry in line with global environmental practice in the east african country. ... Full story

Uganda seeks $500 million loan from China for road infrastructure

Amid bankruptcy from over borrowing, Uganda is said to have asked China for a $500 million loan to help build almost 600 km of roads in the country’s oil-rich west. ... Full story

Ethiopia's iconic hotel set to be demolished

Ethiopia Hotel and the adjacent Bego Adragot building are to be torn down within the next month. Belayneh Kindie, the import export mogul, bought the Hotel in 2010 for 92 million Br. ... Full story

Hilton to develop Hotel in Africa’s tallest development

Hilton Worldwide (NYSE:HLT) has unveiled plans to built a 255 guest-room and suite hotel in Kenya’s capital, Nairobi – expected to open in 2020. ... Full story

Tanzania's economy shows solid growth in second quarter

Dar es Salaam - Stronger mining, manufacturing and energy sectors nudged Tanzania's economic growth forward at a brisker pace in the second quarter of 2016. ... Full story

East Africa office spaces are all dressed up — with no one to fill them

Property owners in Rwanda, Kenya and Uganda are struggling to fill-up vacancies, with few companies seeking new office space. ... Full story

Rwanda’s Property market indicates a bubble is about to burst

KIGALI — Real estate developers have been pouring money into new investments at a frantic pace in Rwanda's property market, fueling concerns that a bubble may be unavoidable. ... Full story

Property developers, Investors need to create a buffer against currency volatility

While growth has slowed in many commodity linked markets in Africa, non-commodity driven markets, particularly in East Africa, have continued to perform well. ... Full story

Kenya dominates East African property market

Kenya is dominating East African property developments because of its stability and investment opportunities, Africa Property News.com has learned. ... Full story

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