Boon for landlords as quarter two rents up

Residents moving out of an apartment. File Photo | nmg

Landlords in Nairobi raised rents by an average of 3.3 per cent in the second quarter of the year as normalcy and confidence returned to the property market following a difficult 2017.

Realtors HassConsult second quarter property index report shows that rents have risen fastest in Ruaka, Lang’ata, Parklands, Westlands, Limuru and Tigoni.

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