Kilimani registers highest returns for city landlords

An apartment hotel on Rose Avenue, off Argwings Kodhek Road in Kilimani, Nairobi. File Photo | NMG

Nairobi’s Kilimani suburb provided landlords with the best returns for apartments in the first half of 2018 and last year, a new housing survey shows.

The study by Cytonn that points investors to Kilimani as the location for strong returns as well as low risk says the suburb had the highest returns at 13.9 per cent compared to a market average of 8.2 per cent.

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