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The real estate sector contributed almost 7% of Kenya s GDP in 2019.
This report focuses on the real estate industry which comprises commercial, industrial and residential properties, as well as property development and property valuation. The report includes information on the size and state of the sector, economic conditions, regulations, government initiatives and other influencing factors.
There were 434 registered estate agents in March 2020, the same as in 2019, and an estimated 40,000 unregistered agents. The majority of players are privately-owned estate agencies and property developers, and there are a number of international companies operating in the country. ;
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THE STANDARD
HOME & AWAY
By Correspondent | February 8th 2021
Centum Real Estate Ltd, a subsidiary of Centum Investments Company, has added affordable residential developments in Nairobi to its portfolio by launching the 26 Mzizi Court, a residential project nestled within the 102-acre Two Rivers development.
With construction set to take 30 months, Centum Real Estate Managing Director Samuel Kariuki said the 26 Mzizi Court offers a better deal for investors in the country.
“It is distinct by being an affordable residential project within the high-end Two Rivers mixed-use development. This will ensure investors earn competitive returns and attractive capital gains from their units,” he said