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Real estate investment destinations to watch out for in 2024


As the country ushers in the new year, many real estate players will be looking at how to improve their investment prospects.

Kiambu , Central , Kenya , Nanyuki , Rift-valley , Machakos , Eastern , Malindi , Coast , Eastleigh , Nairobi-area , Nairobi

Industrial warehouses edge out residential, retail yields

Industrial warehouses edge out residential, retail yields
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Rwanda , Westlands , Nairobi-area , Kenya , Uganda , Burundi , Athi-river , Eastern , Congo , Nairobi , Kenyan , Jiten-kerai

Mixed-use projects tipped as real estate asset class of the future

Mixed-use projects tipped as real estate asset class of the future
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nagoya , Aichi , Japan , Yatomi , North-carolina , United-states , Pravin-pindoriya , Jiten-kerai , Yatomi-distribution-centre , Whole-foods , Purple-dot-international ,

Developers shift to green buildings in design, sales pitch


Data from Kenya Green Building Society shows there were 48 certified and registered buildings in the year to March 2022.

Westlands , Nairobi-area , Kenya , Nairobi , South-africa , Eastlands , Eastern-cape , Kenyan , Peter-harris , Louis-kariuki , Mohammed-dahir , Jiten-kerai

Real estate firm launches Sh2.5bn commercial complex


Property developer Purple Dot International limited has unveiled a Sh2.5 billion mixed-use commercial project on Mombasa Road dubbed Purple Tower.

Baroda , Gujarat , India , Nairobi , Nairobi-area , Kenya , Machakos , Eastern , Ukraine , Kenyan , Bharat-kerai , Edna-mwenda

Firm eyes warehouse for light industries in Athi River

Residential and commercial real estate developer Purple Dot International is betting on Machakos County’s Athi River as one of Kenya’s promising industrial growth hubs.

Nairobi , Nairobi-area , Kenya , United-kingdom , Athi-river , Eastern , British , Pravin-pindoriya , Parbai-kerai , Kurji-kerai , Ravji-pindoriya , Jiten-kerai

Firm to build warehouses in Athi River

Firm to build warehouses in Athi River
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Nairobi , Nairobi-area , Kenya , Athi-river , Eastern , Jiten-kerai , Purple-dot-international , Harvest-industrial , Purple-dot-international-limited , Harvest-industrial-park , Mombasa-road-mlolongo-athi-river , Mombasa-road

Billions Poured Into Kitengela, Athi River Over Property Boom


Billions Poured Into Kitengela, Athi River Over Property Boom
A housing estate under construction.
File
Over the last 3 years, at least Ksh 300 billion has been poured into development projects in the city outskirt towns of Kitengela and Athi River.
From malls to gated communities to whole city projects, the two towns have seen a major influx in mega-projects.
The expanding industrial and manufacturing base attracts low-skilled workers from all over Kenya and has become one of the fastest-growing municipalities in the country.
Greenpark Estate in Athi River.
File
In March 2019, the Chinese real estate group, Beijing Damei Investment Company, announced plans to build a megacity in Nairobi’s Athi River area at an estimated cost of Ksh200 billion.

Kenya , Athi-river , Eastern , Ongata-rongai , Rift-valley , China , Nairobi , Nairobi-area , Ruiru , Machakos , Limuru , Central