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Property investors seek stamp duty relief for Reits
Group Managing Director, Chief Executive Officer of Nation Media Group (NMG) and REITs Association of Kenya Chairperson Geoffrey Odundo on April 1, 2026 makes his address during the two-day African REIT conference at Enashipai Resort and Spa in Naivasha, Nakuru County.
Photo credit: Boniface Mwangi | Nation Media Group
Real estate market players want the government to reinstate the stamp duty exemption for Real Estate Investment Trusts (Reits) transfers to bolster appetite for alternative property investment channels in Kenya.
The duty is charged at four percent of the property value in urban zones and two percent in rural areas.
