In Kenya’s real estate sector, the roles of estate agents and lawyers are increasingly overlapping, leading to concerns about the encroachment of lawyers into areas traditionally reserved for estate agents. …
Property Daily Africa
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Banking & FinanceFeaturedLocal
Kenyan Banks Turn to Estate Agents for Distressed Property Sales Amid Auction Challenges
In a significant shift in the real estate market, banks in Kenya are increasingly partnering with estate agents to sell distressed properties. Traditional auction methods, long the staple for disposing …
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Kenya’s average office occupancy rate has increased by 5% to reach 77%, surpassing Africa’s average occupancy rate of 75% due to limited supply, according to recent data from property firm …
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High interest rates and economic uncertainty are driving overseas investors away from German real estate. Foreign buyers were responsible for 35% of commercial property purchases in the first quarter of …
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In a developing standoff, Tatu City has declined an invitation from the Kiambu County Government to discuss the Tatu City Master Plan, citing allegations of extortion and misinterpretation of legal …
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Real estate and built environment professionals have severely criticized the Ministry of Lands, Public Works, Housing, and Urban Development’s recent announcement of paid internship opportunities under the affordable housing program. …
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The Architectural Association of Kenya (AAK) has issued a scathing statement addressing the ongoing standoff between the County Government of Kiambu and Tatu City, highlighting significant concerns about development control …