Blog

Riparian Land and Buildings: What You Should Know

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For the past one month or so, the country has witnessed with dismay demolitions of buildings along rivers in what has resulted to the latest buzzword in town; riparian land. Indeed, the affected have lost millions in property value as the National Environmental Management Authority (NEMA) sought to reclaim encroached water body reserves starting with Nairobi City County. While not pointing fingers on who is to blame for the ongoing demolitions, this feature article seeks to unpack what a riparian land is and what players in the real estate industry ought to look out for as they look to invest. ...Read More

The Kenya Hospitality Report 2018: Coast Region Still The Top Tourist Destination

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Kenya's Travel and Hospitality Industry has for a long time been one of the leading economy drivers providing foreign exchange and creating employment opportunities for thousands of Kenyans. The sector is still growing and may achieve even greater strides in 2018 and beyond. This month, we look at the Kenya Hospitality Report 2018 that was recently published by Jumia Travel, a travel agency highlighting the vital insights and what the trends mean for players in the holiday homes segment of the industry. The big question is, how will the trends impact players in the holiday homes segment? ...Read More

The 2018/19 Budget: Resulting Waves for Kenya’s Real Estate Industry

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Last month, the Cabinet Secretary for National Treasury presented the nation’s budget for the financial year 2018/2019. Unveiled under the theme of “Creating Jobs, Transforming Lives and Sharing Prosperity,” it’s yet another ambitious financial blueprint that seeks to move the country to the next phase of development. This month, we unpack the 2018/2019 budget and examine the resulting waves on the real estate industry. So, what is in for the players in real estate industry? ...Read More

The Kenya Mortgage Refinance Company: Kenya’s Housing Shortage Panacea?

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There is an impending revolution heading towards Kenya’s real estate industry. The setting up and operationalization of Kenya Mortgage Refinance Company (KMRC) is believed to be a real solution to the housing shortage being witnessed in the country more in urban areas. This month, we take a closer look at the concept of KMRC and examine how it will impact the real estate industry. Is it Kenya’s housing shortage panacea? ...Read More

The African Free Trade Area Treaty: Expedition Beyond Borders

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The adage Africa rising is no longer a mirage and the dream of pan-Africanism is inching closer to reality. Recently, African states agreed to establish the Continental Free Trade Area in a bid to boost intra trade between countries in the region. This month, we dissect the treaty and put issues into perspective examining how this noble initiative will impact the hospitality industry in Kenya. What will it translate to for the players in the industry? ...Read More

Bridge to Destinations: The Role of Travel Agencies in Hospitality Industry

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Are you planning for a holiday getaway this year? Honeymoon or just a family feel good retreat? Chances are that you will most likely use tours and travel agency. The agencies are transforming the hospitality industry, the relationship between holidaymakers and holiday resorts. Kenya's hospitality industry has grown exponentially in the recent years despite occasional shocks her and there as ...Read More

Long Vs Short Term Rentals: Where’s The Next Frontier for Growth in Real Estate?

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Real estate industry in Kenya has become increasingly popular over the last decade and is now a common preferred investment choice for many people who wish to create wealth. This has been attributed to its reliable and consistent returns which happen to be the highest among comparable asset classes. However, it is important to point out that the capital outlay is pretty steep for ordinary people but concepts like Real Estate Investment Trust (REITs) are now providing retail investment options... ...Read More

Confidence in Retirement: Real Estate the Most Preferred Investment For Sustenance

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Have you ever taken a moment to ponder about how your life would be in retirement? Would you maintain your current standard of living or even raise it a notch higher? These are the tough questions that young professionals need to reflect on as they work through to the apex of their careers. Confidence in retirement, a study done by Enwealth, a pension scheme company, Strathmore University and Institute of Human Resource Management (IHRM) revealed that 86% of Kenya's working population are... ...Read More

What’s Up: Gazing Over The 2018 Horizon

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Happy New Year! We hope that you had a wonderful break and enjoyed special time with family and friends. Time away from our everyday tasks can be remarkably restorative. We are confident that, as always, you return to your work with renewed enthusiasm and vigour. The year 2018 is here! Who would have thought that time will run that fast. As with any new year, we plan for various goals (resolutions) that we set out to achieve. For players in the real estate sector ...Read More