Rethinking real estate amid Covid-19 impact
Tuesday March 09 2021
By GITONGA MURIITHI
The Covid-19 pandemic has impacted many industries in Kenya, including real estate.
It has not been business as usual as tenants, landowners and developers alike have been forced to rethink the value they want to get out of property be it profitability, livability and most importantly safety.
The Covid-19 pandemic has impacted many industries in Kenya, including real estate. It has not been business as usual as tenants, landowners and developers alike have been forced to rethink the value they want to get out of property be it profitability, livability and most importantly safety.
Chinese firm wins fight to construct high-rise Karen units
Monday March 01 2021
Summary
Kibwezi MP Partrick Musimba wanted the Environment and Lands court to stop the China Railways No 10 Engineering Group Co Ltd from converting the property situated along Acacia Drive Karen from residential to commercial status.
He said the offices were likely to disturb the peace of Karen residents, hurt property prices where an acre goes for Sh60 million and pose a security risk.
But Justice Samuel Okong'o dismissed the application, saying it had no merit and that the orders sought by the lawmaker if granted would be in vain.
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