Nairobi Property Market

Nairobi’s luxury home prices soften further

Prime residential prices in Nairobi slide by 6.5% in the 12 months to March 2019, according to the Knight Frank Prime Global Cities Index (PGCI) for the first quarter. ... Full story

These are the 10 Wealthiest Cities In Africa

Africa is home not only to some of the world’s fastest-growing economies but also the majority of the world fastest growing cities. ... Full story

Nairobi lands a top spot among the World's 20 most Dynamic Cities

Nairobi has been recognized globally as a city on the move, being named for the first time in JLL’s top 20 City Momentum Index (CMI). ... Full story

Investors eye large quality Warehousing space in Kenya

In recent years there has been a noticeable trend towards an increase in demand from distribution and logistics-type operations seeking to relocate to where large quality warehousing space and large yards are available. ... 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

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

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

Two Rivers Mall construction on track

Kenya can look forward to the launch of Two Rivers Mall in Nairobi — when it officially opens its doors in October. ... Full story

Africa on a roll with a clutch of new Cities

Once an area that foreign investment shied away from, Africa has become an investment hotspot, changing dramatically with commercial and residential property developments mushrooming in the continent. ... Full story

New urbanism heralds a return on property demand and development in Africa

The concept of new urbanism in Africa, hailed as a fresh approach to urban living from both a town planning and architectural perspective, has far-reaching implications from a property demand and development point of view. ... Full story

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