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Kenya third most preferred property hub for super-rich
Knight Frank’s Wealth Report Editor Andrew Shirley (left) with Knight Frank Kenya managing director Ben Woodhams at the launch of the latest wealth report in Nairobi. PHOTO | DIANA NGILA | NMG
Kenya emerged the third most preferred real estate investment destination globally for the super-rich after the UK and the US in a study that also shows that nearly a quarter of Africa’s rich have property locally.
According to Knight Frank’s Attitudes Survey 24 per cent of Africa’s super rich own a property in Kenya, 33 and 67 per cent in the US and UK, respectively, making Kenya their top property destination in Africa.
