Kenya Property Market

Expected to open in 2020, Hilton Worldwide (NYSE:HLT) has unveiled plans to built the tallest hotel in Kenya’s capital, Nairobi.

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

Property owners in Nairobi are struggling to fill vacancies, putting investors’ money at risk.

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

Despite Africa’s recent setbacks, a treasure trove of opportunities still exists, says Nema Ramkhelawan-Bhana, Rand Merchant Bank (RMB) Africa analyst & co-author of RMB’s sixth edition of its annual Where to Invest in Africa.

Top 10 Most Attractive Investment Destinations In Africa — RMB

Africa’s feverish growth has decelerated in recent years and many countries have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions. ... Full story

Sub-Saharan Africa continues to make advances in real estate transparency, but progress has been patchy with limited development in regulatory and legal reforms and enforcement, says Craig Hean.

Sub-Saharan Africa advances in real estate transparency ranking

Sub-Saharan Africa (SSA) continues to make advances in real estate transparency despite other countries in the region requiring greatest attention. ... Full story

Property Developers will need to do robust feasibilities in order to understand how economic conditions can affect their returns over time, says Gary Garrett, Head of Real Estate Finance at Standard Bank.

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

[Modern Nairobi Skyline] Kenya really is at the cutting edge for African listed property markets. And more REITs are expected to list on the Nairobi Stock Exchange going forward.

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

Head of Stanlib Direct Property Investments, Amelia Beattie says the group is pleased to be the first to list an I-REIT in East Africa as this will boost the property market, improve governance and give investors.

Kenya catching up to global real estate investment trust (REITs)

Bringing Kenya’s listed property sector with international publicly traded real estate investments and creating greater investor certainty, Kenyan Authorities have tabled a unified approach to property investment schemes. ... Full story

Old Mutual Investment Group CEO Diane Radley said the plan was to leverage off the African footprint of parent Old Mutual.

Old Mutual looks East and West to expand reach in Africa

Old Mutual Investment Group says it is interested in buying and seeks to invest $18m-$37m acquiring property assets in east and west Africa. ... Full story

An aerial view of Actis' flagship Garden City mixed-use property development in Nairobi, Kenya during construction phase.

Kenya’s $540m Garden City opens

Garden City, East Africa’s first integrated residential, retail and office development, officially opened last night with the announcement of a new Business Park. ... Full story

Demand for high-quality retail, office and residential space continue to outstrip supply in a number of markets across Africa, says Gerhard Zeelie, Head of Real Estate Finance at Standard Bank.

Real estate in Africa continues to drive growth potential

A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent. ... Full story

1 2 3

total: 30 | displaying: 11 - 20

Most Popular

Thomas Reilly, MD of Growthpoint Investec African Property Management, says, “GIAP has strategically timed its entry into the market to take advantage of a highly attractive entry-point into key cities which we view as offering strong growth prospects.

South African largest property fund begins its acquisition trail into Africa

Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has begun executing on its strategy to aggregate a quality portfolio of prime income-producing commercial assets in Africa. ... Full story

News and promos in your inbox

Kenya Property Market

Most Popular

Newsletter