Over 800 real estate companies across Kenya—including developers, estate agencies, valuers, auctioneers, and architectural firms—have been listed for potential deregistration by the Business Registration Service (BRS) in a major compliance …
Property Daily Africa
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LocalResidential
When a Nairobi Couple Tried to Sell Their Home Without an Agent — and Why It All Went Wrong
When Gregory and Lynn Kamau (not real names) decided to list their home in Nairobi’s Lavington area for sale earlier this year, they thought they could handle the process themselves. …
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In Kenya’s real estate sector, the roles of estate agents and lawyers are increasingly overlapping, leading to concerns about the encroachment of lawyers into areas traditionally reserved for estate agents. …
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Banking & FinanceFeaturedLocal
Kenyan Banks Turn to Estate Agents for Distressed Property Sales Amid Auction Challenges
In a significant shift in the real estate market, banks in Kenya are increasingly partnering with estate agents to sell distressed properties. Traditional auction methods, long the staple for disposing …
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Kenya’s average office occupancy rate has increased by 5% to reach 77%, surpassing Africa’s average occupancy rate of 75% due to limited supply, according to recent data from property firm …
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High interest rates and economic uncertainty are driving overseas investors away from German real estate. Foreign buyers were responsible for 35% of commercial property purchases in the first quarter of …
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In a developing standoff, Tatu City has declined an invitation from the Kiambu County Government to discuss the Tatu City Master Plan, citing allegations of extortion and misinterpretation of legal …
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Real estate and built environment professionals have severely criticized the Ministry of Lands, Public Works, Housing, and Urban Development’s recent announcement of paid internship opportunities under the affordable housing program. …
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The Architectural Association of Kenya (AAK) has issued a scathing statement addressing the ongoing standoff between the County Government of Kiambu and Tatu City, highlighting significant concerns about development control …