PRIME State misses affordable housing buyer registration target By the end of June, only 292,326 Kenyans had registered on Boma Yangu, the platform created for the public to register and save towards owning houses.
PRIME Home ownership dream takes a hit after construction costs up by 16pc The Construction Input Price Index (CIPI) increased by 1.27 percent between July and September this year, marking the quickest quarterly rise since December 2023.
PRIME Centum to issue dollar real estate income fund Centum, which had stated its intention to float the dollar Reit at the beginning of this year, will be paying investors a dollar return of about 8 percent.
PRIME Erdemann's reprieve as court blocks Sh2bn property transfer Court stopped Credit Bank from selling, transferring or disposing of the disputed property pending determination of Erdemann’s appeal.
PRIME Nairobi extends dominance in real estate projects Nakuru County had building construction works valued at Sh35.4 billion, Machakos (Sh34.9 billion), and Kisumu (Sh23.9 billion).
PRIME Plot purchase top use of Sacco loans Trend points to an increased desire for home ownership despite shrinking pay slips
PRIME Affordable housing topples roads in development financing The disbursement of cash to the housing projects nearly tripled the Sh10.09 billion released for roads underlining the Ruto administration’s big bet on Affordable Housing Programme (AHP) as its...
PRIME Acorn gets nod to raise Sh2.2bn for young professionals housing The new vehicle becomes Acorn’s latest entry into the Reits space, offering local and international investors a chance to back professionally managed rental units positioned for affordability...
PRIME How Kenol, a stopover town, became a magnet for wealthy homebuyers Unplanned or not, the town that once had a single bank and a few kiosks has turned into a real estate magnet that is drawing developers, homebuyers, and businesses in equal measure.
PRIME Paltry 4pc of Kenyans can afford Sh10m mortgage More than 85 percent of Kenyans earn less than Sh100,000 per month, official data shows.
PRIME TelPosta Pension Scheme forced to sell 64 properties to resolve illegal asset mix The pension scheme inherited most of the assets more than two decades ago during the government’s restructuring of the postal and telecommunications sector.
PRIME Homeowners’ pain as Buruburu rents, home prices remain low In the early years, Buruburu homeowners bought their units through the Housing Finance Corporation (now Housing Finance Group), paying gradually while in occupancy.
PRIME Spring Valley, Upper Hill top city suburbs land price gains The price of an acre of land in Upper Hill, one of Nairobi’s prime suburbs for commercial and multi-storey residential properties, grew 9.6 percent to Sh554.6 million.
PRIME Court says Kisumu’s Kibos is not an industrial zone The court ruled that Kibos Distillers failed to prove the area was legally designated as an industrial zone, noting there was no evidence of gazettement.
PRIME Mi Vida eyes Sh20bn from new property funds In setting up the hybrid real estate fund, Mi Vida will be looking to ride on its credentials having been granted the greenlight by the Capital Markets Authority in 2024 to act as a Reit manager...
PRIME Two Rivers SEZ to bypass Nairobi County in building plan approvals Trific will no longer be required to seek development permissions, planning approvals or lease extensions through Nairobi County.
PRIME Former Nyatike MP wins fight for Nairobi’s Garden Estate land The Supreme Court dismisses a family’s appeal, ending a decades-long dispute over the four-acre property.
PRIME How Kerarapon has become Karen’s affordable option Having played second fiddle to its better-known neighbour for a long time, Kerarapon is now offering a blend of serene-spacious living similar to Karen.
PRIME Kenya’s property prices outpace US, UK on high demand Kenya’s property prices are growing faster both in the short and long-term, tramping major world economies that have historically topped the global charts for house prices, raising the costs of...
PRIME Airbnbs squeeze Nairobi tenants too A Central Bank of Kenya (CBK) survey of hotel executives last November found guests increasingly opting for cheaper Airbnb-style accommodation for conferences and leisure trips.
PRIME Housing levy collections hit Sh73.2bn, surpass target The collections last financial year marked a 35.06 percent jump over Sh54.2 billion netted in the first year of implementation ended June 2024.
PRIME Kampala, Dar beat Nairobi on prime warehouse rental yields The average yield on rent of a prime warehouse in Nairobi stood at 9.5 percent, compared to 13 percent in Kampala and 10 percent in Dar.
PRIME Occupancy of Nairobi's prime office space climbs on demand The first half of 2025 has now marginally surpassed the 77.2 percent occupancy levels seen in the first half of 2024.
PRIME EIB invests Sh3.2bn to boost affordable housing projects in Nairobi and Kiambu IHS is planning 10 other projects with a total of 2,600 units in Nairobi and Kiambu, although the locations haven't been disclosed.
PRIME Acorn property income fund chops loan costs in debt deal Disclosures contained in the company’s semi-annual report for the period to June 2025 show that the Acorn I-Reit opened the year with total borrowings of Sh2.65 billion, which by the end of June...
