Nairobi Metropolitan land return overhauls treasury bond yields

Cytonn’s senior manager, regional markets, Johnson Denge. FILE PHOTO | NMG

Land in Nairobi Metropolitan area recorded much higher return on investment, compared to the competing fixed income asset classes, averaging 19.4 per cent in the last five years according to new research.

The 10-year bond yielded 12.3 per cent in the period with residential rental yields lagging at five per cent.

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Note: The results are not exact but very close to the actual.